Revenue for the quarter was 1.7% lower at $20.7 million from $21.1 million a year ago due to lower sales in precision metal stamping (PMS) components segment which was partially offset by increase in sales in hard disk drive (HDD) components segment.
SINGAPORE (Apr 23): Cheung Woh Technologies announced that 4Q18 losses widened to $8.92 million from $1.76 million in 4Q17 because of higher general and administrative expenses.
This brings FY18 losses to $16.8 million, compared to earnings of $3.60 million in FY17.
