Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
The latest update is out from Wong’s Kong King International (Holdings) Limited ( (HK:0532) ).
Wong’s Kong King International (Holdings) Limited has issued a profit warning, expecting a significant increase in net loss for 2024 compared to 2023. The loss is attributed to underperformance in its Taiwanese subsidiary, inefficiencies in its Mexican manufacturing facility, and challenges from global economic conditions and high interest rates.
More about Wong’s Kong King International (Holdings) Limited
Wong’s Kong King International (Holdings) Limited operates in the trading and distribution industry, focusing on electronic components and equipment. The company also has an OEM manufacturing division, with a market presence in regions including Taiwan, the PRC, and Mexico.
YTD Price Performance: -16.67%
Average Trading Volume: 358,308
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$182.5M
For an in-depth examination of 0532 stock, go to TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue