China Kunda diversifies business to include manufacture and distribution of furniture

SINGAPORE (June 25): China Kunda says that it will be diversifying its business to include manufacturing and distributing furniture.

This came on the back the group closing its automobile component parts production facility in Beijing.

The group says that it will continue to strengthen its principal business operations of the manufacture and sale of in-mould decoration and other plastic components, while this diversification will present it with a potentially new revenue stream that can enhance its financial position in the long term.

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