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The latest update is out from Luen Thai Holdings Limited ( (HK:0311) ).
Luen Thai Holdings Limited has released a supplemental announcement regarding its Master Subcontracting Agreement with Shangtex HK Group. The announcement details the internal pricing policy and procedures the company follows to ensure service fees are competitive and fair. This includes comparing fees with those paid to independent third-party subcontractors and ensuring fees cover labor costs plus a margin. The company aims to better utilize its factory capacity through these agreements, potentially impacting its operational efficiency and market positioning.
More about Luen Thai Holdings Limited
Luen Thai Holdings Limited is a company incorporated in the Cayman Islands, operating within the subcontracting industry. The company primarily focuses on providing subcontracting services, ensuring that service fees are fair and competitive in the market.
YTD Price Performance: -11.11%
Average Trading Volume: 49,166
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$160.3M
For an in-depth examination of 0311 stock, go to TipRanks’ Overview page.