China's Dalian Wanda Group posts revenue drop for third straight year
Contributed by NAMPA / Reuters.
SHANGHAI, Jan 12 (Reuters) - Chinese conglomerate Dalian
Wanda Group's revenue fell by 5.7 percent in 2018 as the company
sought to relieve debt pressure by offloading domestic and
overseas holdings amid a government crackdown on leverage and
Total group revenues were 214.28 billion yuan ($31.70
billion), the company said on Saturday in a statement on its
official WeChat account. It was the third consecutive year of
falling revenues for ...