Ktk Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2020
October 29, 2020 at 04:46 am EDT
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KTK Group Co., Ltd. announced earnings results for the nine months ended September 30, 2020. For the nine months, the company announced sales was CNY 2,668.974 million compared to CNY 2,729.082 million a year ago. Operating income was CNY 304.131 million compared to CNY 319.604 million a year ago. Net income was CNY 300.092 million compared to CNY 290.630 million a year ago. Basic earnings per share from continuing operations was CNY 0.39 compared to CNY 0.38 a year ago.
KTK Group Co., Ltd. is a China-based company, which manufactures the products for railway transportation. The Companyâs products are mainly divided into rail transport vehicles interior products and equipment products. The Company's interior products mainly include roof, wall, floor, wall panels, luggage racks, handrails composition, air duct and other products. The Company's internal products in the domestic market has been applied to CRH series of Electric Motor Train Unit (EMU) vehicles as well as Beijing, Shanghai, Guangzhou, Shenzhen and other cities in the city rail vehicles. Products in the international market has been applied to the United Kingdom, France, Italy, Belgium, Singapore, India and other countries of the rail traffic vehicle projects. The Company's equipment products include EMU vehicle side door mechanism, kitchen system, seat and box series.