Taiwan Kong King Reports Major Sales Decline

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

Taiwan Kong King Company Limited has reported a significant decrease in sales revenue for June 2024, with a monthly drop of 64.07% compared to the previous year, and a year-to-date reduction of 57.16%. This sharp decline is primarily attributed to reduced sales in machinery and equipment. The sales figures have been disclosed in accordance with International Financial Reporting Standards (IFRSs).

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