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Ka Wang announces projections for FY2007

14 Jul '07
2 min read

Ka Wang Holding Inc, parent company of Ka Wang Department Stores, located in Southern China, announces projections for fiscal year 2007. With 6 months completed for 2007, CEO Mr. Mio Lok Tin wants shareholders to know that Ka Wang's projected sales and manufacturing will exceed Fiscal Year 2006.

Aside from any acquisitions currently being worked on, Ka Wang is poised to become a very important retailer in the Chinese marketplace. Mr. Mio Lok Tin further states, "Shareholder value is the most important in the minds of all at Ka Wang Holding, Inc. Our future lies with the investors that believe in our company through steady growth."

Ka Wang Holding Inc parent company of Ka Wang Department Stores in Southern China, has been operating since 1980. Their main business is high-end designer clothing for men and women. Ka Wang carries many of the top brands and has joint ventured with the famous Italian design brand "Jagger" to be their sole agency in the Far East.

They also have their own manufacturing factory where they design, research and develop their own clothing lines for wholesale and retail customers. With the standard of living in China improving, the general population is becoming more conscious of designer wear labels. Ka Wang's 2006 sales reached $80 million with net income exceeding 30%.

Ka Wang Holding Inc

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