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

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。

AI Translation Notice: This article was translated from Chinese into English using AI-assisted translation. Original source: http://news.lmjx.net/2024/202404/2024042609243190.shtml. The translation may contain errors, and the original Chinese source should be referred to for accuracy.

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