Germany's Kion Group posts USD190m net profit


(MENAFN) Germany's Kion Group released its financial results for the year 2013 and also announced its aim of becoming a world leader in industrial trucks, Xinhua reported



The group said that consolidated revenue hit USD6.19 billion, down from USD6.2 billion in 2012



The company's operating profit increased 2 percent to USD574.2 million, while net profit came at USD190.8 million, dropping from USD222.5 million the year before it



Chief Executive Officer of the Kion Group said: "In 2014, we want to capitalize on our strong position in the market for new trucks and on the comprehensive network we have built up for our global service business in order to generate further profitable growth.


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