| Abstract | Sales at Kingplace Ltd in Hong Kong in the first half of 1996 were similar compared with the first half of 1995 because increased sales to South Korea and Japan were offset by decreased sales in Hong Kong and Taiwan, managing director, Alex Chow, said. The company's factory in Panyu in Guangdong Province in China was established in 1992 with 100 workers producing silver jewellery. Competition for silver jewellery was not as strong compared with gold jewellery but profit margins for silver jewellery were better, Chow said. |
|---|
