Kung Long Batteries traded at 127.50 this Wednesday June 17th, increasing 1.00 or 0.79 percent since the previous trading session. Looking back, over the last four weeks, Kung Long Batteries gained 1.59 percent. Over the last 12 months, its price fell by 9.25 percent. Looking ahead, we forecast Kung Long Batteries to be priced at 122.33 by the end of this quarter and at 109.31 in one year, according to Trading Economics global macro models projections and analysts expectations.
KUNG LONG BATTERIES INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing, assembly and trading of storage batteries. The Company’s primary products include sealed lighting batteries, locomotive batteries, automobile batteries and related raw materials. The Company’s products are mainly used in uninterruptible power supply (UPS) devices, medical equipment, communication devices, firefighting equipment, wireless telephone apparatuses, lightening products, electronic equipment and toy cars, among others. The Company operates through three business segments: Taiwan segment, Vietnam segment and others segment. The Company mainly distributes its products within domestic market and to overseas markets, including the Americas, Europe, the rest of Asia and others.