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Mewah International's 1H earnings surge to US$27.8 mil on higher margins

Samantha Chiew
Samantha Chiew • 2 min read
Mewah International's 1H earnings surge to US$27.8 mil on higher margins
Mewah International sees significant surge in 1H earnings
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Agri-business group Mewah International announced that its 1H20 earnings came in at US$27.8 million ($38.2 million), a significant surge from just US$2.8 million in 1H19.

This came on the back of a 4.7% increase in revenue to US$1.5 billion from US$1.4 billion a year ago.

The revenue increase was supported by 11.8% higher average selling prices, partially offset by 6.3% lower sales volume.

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