Taiwan Kong King Faces Steep Sales Decline

Wong’s Kong King International (Holdings) Limited (HK:0532) has released an update.

Taiwan Kong King Company Limited, listed under stock code 3093, has reported a significant decline in sales revenue for May 2024, with a monthly decrease of 62.03% compared to the same month the previous year, and a year-to-date decrease of 55.95%. The sharp drop is mainly attributed to reduced sales in machinery and equipment.

For further insights into HK:0532 stock, check out TipRanks’ Stock Analysis page.