Otis Worldwide (NYSE:OTIS) Expands Kaohsiung MRT Reach With 65 New Elevators And Escalators
Otis Worldwide (NYSE:OTIS) recently announced its significant role in supplying advanced elevators and escalators for the Kaohsiung MRT Red Line extension, enhancing its presence in Taiwan's transportation sector. Over the last quarter, the company's stock rose by 12%, a movement possibly underpinned by solid financials, including an increase in sales and net income. Additionally, active measures like the ongoing share repurchase program and a consistent dividend strategy may have bolstered...