Kion Group, a subsidiary of Weichai Power Holdings, made a solid start in fiscal year 2024, with both revenue and profit growth.
April 26, 2024Kion Group, a subsidiary of Weichai Power Holdings（Stock CodeKGX）Financial data for the first quarter of fiscal year 2024 were released on April 25.，Achieve double growth of revenue and profit。
2024 1- March ，Kion Group achieved operating income of 28.600 million euros，Year-on-year growth of 2.8%；After adjustmentEBIT 2.300 million euros，Year-on-year growth of 45.4%；Net profit 1.100 million euros，Year-on-year growth of 50.9%。
Among，Industrial vehicles and services business achieved operating income of 21.500 million euros，After adjustmentEBIT 2.400 million euros；Supply chain solutions business achieved operating income 7.200 million euros，After adjustmentEBIT 18.4 million euros，EBITAchieve a turnaround。
