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Shenzhen Kingdom Sci-tech Co., Ltd.
Shenzhen Kingdom Sci-tech Hits Day Low at CNY 12.49 Amid Price Pressure
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Shenzhen Kingdom Sci-tech Hits Day Low at CNY 12.52 Amid Price Pressure
Shenzhen Kingdom Sci-tech Co., Ltd. faced a significant decline in its stock value, reflecting ongoing financial challenges. The company reported a substantial drop in net sales and profit, alongside low inventory turnover. Year-to-date, its performance has worsened, contrasting with the more stable China Shanghai Composite index.
Shenzhen Kingdom Sci-tech Hits Day Low Amid Price Pressure at CNY 14.06
Shenzhen Kingdom Sci-tech Co., Ltd. faced a significant stock decline, reflecting ongoing challenges over the past year, including a 21.75% drop. Recent financial results show a 50.19% decrease in net sales and a negative net profit, alongside a low inventory turnover ratio, highlighting operational inefficiencies.
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