Article Abstract:
Hong Kong retailing firm Goldlion Holdings Ltd is attempting to return to its former profit levels by reemphasizing its strengths in apparel distribution. The company was formed in 1968 and it initially started to market ties and later expanded to include belts and shirts. For the year ended Mar 31, 1996, Goldlion posted revenues of HK$1OO million, one-fourth of which was profit. The company, however, started to encounter problems with its distributors, counterfeiting of its products and the failure of its expansion into cigarette distribution.
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Article Abstract:
Hong Kong-listed Tan Chong International, an assembler and distributor of passenger cars, has sound finances, but clouds of the economic horizon, especially in Singapore, where the company has a 21% market share, have raised concerns about the company going forward. However, the company has some property assets, located mostly in Singapore and valued at HK$2.3 billion by Teo Hiang Boon, a Singapore analyst at GK Goh. The company and is potential are discussed.
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Article Abstract:
Yue Yuen Industrial (Holdings), provider of footwear to Nike in the U.S., has experienced a drop in the price of its stock from a high of almost HK$20 in 1999 to about $14 now. The company's sales have grown 66 percent to reach U.S.$1.69 billion in the last five years, due to its diversification. The article details the company's growth.
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