For over 40 years, Kresta has been a leader in the manufacture, wholesale and retail of curtains and components. In February, the company reported an after-tax loss of $18.3 million for the full year (ended December 2018). … Kresta is currently suspendedlast traded at 4.8 cents per share.

Are Kresta blinds in financial trouble?

People who have made thousands of dollars in deposits to Kresta are now worried they will never see their shutters, or get their cash back. The latest financial report on Kresta’s website said the company had borrowed millions and had a net loss of more than $14 million.

Who owns Cresta?

84% of the company is owned by Xianfeng Road, its APlus business in China is taking on most of the work previously done in Malaga. Kresta has long suffered from low profits and high costs, including retail stores that maintain shutters and curtains.

Is Kresta in liquidation?

Kresta is currently suspendedlast traded at 4.8 cents per share.

Kresta Blinds Child Safety Information.mpg

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