KBS Fashion Group Limited is Partnering with Local Manufacturers to Sell Disposable Face Masks Amid COVID-19 Pandemic
KBS Fashion Group Limited (KBSF)
US:NASDAQ Investor Relations:
ir.kbsfashion.com
Company Research
Source: PR Newswire
SHISHI, China, April 21, 2020 /PRNewswire/ -- 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
Show less
Read more
Impact Snapshot
Event Time:
KBSF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
KBSF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
KBSF alerts
High impacting KBS Fashion Group Limited news events
Weekly update
A roundup of the hottest topics