SINGAPORE (Aug 8): King Wan Corporation reports earnings of $0.7 million for the 1Q ended June, down 83% from earnings of $4.8 million a year ago.
Revenue fell 34% to $14.8 million in 1Q17, from $22.4 million a year ago.
This was mainly due to lower volume of mechanical and electrical (M&E) contracts in progress during the quarter.
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