SINGAPORE (Nov 14): SunMoon Food Company reported 2Q18 losses widened to $2.62 million, compared to losses of $990,000 in 2Q17.

This brings 1H18 losses to $3.48 million, compared to earnings of $834,000 in 1H17.

Revenue for the quarter came in at $14.3 million, 44% higher than $9.92 million in the previous year, mainly due to sales to Shanghai YiGuo E-Commence and its related companies. The sales from Yiguo constituted 43% of the group's revenue.  

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