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Kion Group, a subsidiary of Weichai Power Holdings, made a solid start in fiscal year 2024, with both revenue and profit growth.

April 26, 2024

Kion 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,Vehicles/ 'target='_blank' style='color:blue;'>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。

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