"Bawang Group" reported a mid-term loss of 2.77 million RMB, turning from profit to loss

BAWANG GROUP (01338.HK) announced its interim results for the six months ending in June, with a revenue of 120 million RMB, a year-on-year decrease of 9.3%. It recorded a loss of 2.77 million RMB, compared to a net profit of 1.21 million RMB in the same period last year, turning from profit to loss; the loss per share is 0.09 RMB. No dividend is declared