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Wong’s Kong King Reports Significant Revenue Decline in January

Story Highlights
  • Taiwan Kong King Company Limited reported a 41.72% sales revenue decline in January 2025.
  • The decline in revenue may affect Wong’s Kong King’s financial stability and stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wong’s Kong King Reports Significant Revenue Decline in January

Wong’s Kong King International (Holdings) Limited ( (HK:0532) ) just unveiled an announcement.

Wong’s Kong King International (Holdings) Limited has issued an overseas regulatory announcement detailing the financial performance of its subsidiary, Taiwan Kong King Company Limited. The report reveals a significant decline in sales revenue for January 2025, showing a 41.72% decrease compared to the same period last year, attributed to changes after adopting IFRSs. This drop in revenue reflects a challenging market environment, potentially impacting the company’s financial stability and stakeholder confidence.

More about Wong’s Kong King International (Holdings) Limited

YTD Price Performance: -13.33%

Average Trading Volume: 365,179

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$189.8M

Learn more about 0532 stock on TipRanks’ Stock Analysis page.

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