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Microcap & Penny Stocks : Modano's Tavern on the Green

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To: Modano who wrote (1)4/19/1998 2:20:00 PM
From: jerryf   of 154
 
King Power International Group Co., Ltd. is a publicly held corporation listed on the American Stock Exchange under the symbol "KPG".

King Power International Group Co., Ltd. ("King Power") is the largest Asian owned and managed operator of duty-free and tax-free shops in the world. The operations include over 41 duty-free retail outlets, primarily in airports, throughout Thailand. The stores are located in the Bangkok, Phuket, Hat Yai and Chiang Mai International and Domestic Airports. Additional stores are also located in downtown Bangkok and Phuket.

kingpower.com

King Power International Group Co., Ltd. (Amex: "KPG") reported sales of $95,996,663 for the fiscal year ended December 31, 1997, versus $41,869,197 for the previous year. Net profit for the fiscal year ended December 31, 1997 was $7,934,836 or $0.40 per share, versus $1,642,788 or $0.09 per share for the previous year. Weighted average number of common shares increased to 19,779,011 from 18,800,000 the previous year.

For the 4th quarter ending December 31, 1997 sales were $16,309,868 versus $12,990,328 for the previous year. Net income for the 4th quarter was $5,924,059 or $0.30 per share, versus $2,549,227
or $0.14 per share for the previous year.
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