|Bid||2.3800 x 1000|
|Ask||2.4500 x 1100|
|Day's Range||2.3700 - 2.5440|
|52 Week Range||0.9500 - 4.4500|
|Beta (5Y Monthly)||1.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jun 03, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China, announced today that its wholly-owned subsidiary Anhui Kai Xin Apparel Company Limited ("Kai Xin") is partnering with three face mask manufacturers in China to distribute non-medical disposable face masks amid the rapidly evolving COVID-19 pandemic. Anhui Yikang Medical Technology Co., Ltd., Taihu Fubeikang Sanitary Material Co., Ltd., and Taihu Mingya Labor Insurance Technology Co., Ltd. are mainly engaged in the production of non-medical disposable face masks with a total daily production capacity of approximately 3 million pieces. According to the partnership arrangement, these three companies will use Kai Xin's excess production facilities to manufacture face masks, while Kai Xin will take advantage of its expansive distribution channels to promote sales of products. We started generating additional revenue from renting out facilities for mask manufacturing at the beginning of March.
If you own shares in KBS Fashion Group Limited (NASDAQ:KBSF) then it's worth thinking about how it contributes to the...
Some stocks are best avoided. We really hate to see fellow investors lose their hard-earned money. Spare a thought for...
SHISHI, China , Aug. 27, 2019 /PRNewswire/ -- KBS Fashion Group Limited ("KBS" or the "Company") (NASDAQ: KBSF), a leading fully-integrated casual menswear company in China , today ...