Khong Guan Limited (SG:K03) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Khong Guan Limited has faced financial challenges despite recent revenue growth, with accumulated losses of $1.57 million and a 12% decrease in shareholders’ equity over the past five years. The company relies on equity financing, avoiding bank debts to mitigate financial risks, and focuses on optimizing its capital structure to enhance long-term shareholder value. The board continually evaluates the company’s financial performance and strategic initiatives to ensure returns exceed the cost of capital.
For further insights into SG:K03 stock, check out TipRanks’ Stock Analysis page.