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CWX Global Narrowed Net Loss, Posted 16% Growth in Revenue to US$1.8M for 4Q FY18

Written by ACN Newswire

CWX Global Narrowed Net Loss, Posted 16% Growth in Revenue to US$1.8M for 4Q FY18

Group recorded gross profit of US$0.9M for 4Q FY18SINGAPORE, Aug 27, 2018 - (ACN Newswire) - CWX Global Limited ("CWX Global", SGX: 594), announced higher 4Q FY18 gross profit of US$0.9 million, an increase of 204% from US$0.3 million in 4Q FY17. This was mainly due to a 16% growth in revenue coupled with a 49% decrease in depletion cost of the...

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