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CWG losses narrow to $7.8 mil in 1H

Stanislaus Jude Chan
Stanislaus Jude Chan8/7/2017 06:18 PM GMT+08  • 2 min read
CWG losses narrow to $7.8 mil in 1H
SINGAPORE (Aug 7): CWG International, formerly known as Chiwayland International, reported losses for the 1H17 ended June narrowed to RMB 38.8 million ($7.8 million) from losses of RM 54.1 million a year ago.
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SINGAPORE (Aug 7): CWG International, formerly known as Chiwayland International, reported losses for the 1H17 ended June narrowed to RMB 38.8 million ($7.8 million) from losses of RM 54.1 million a year ago.

Revenue in 1H17 grew 4% to RMB 1.26 billion, from RMB 1.22 billion a year ago.

This was mainly due to the increase in the number of property units handed over.

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