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China's Dalian Wanda Group posts revenue drop for third straight year

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 overseas acquisitions. [Source]

Publication Date:

Origin: reuters.com

Category: companyNews

Topics: and overseas, revenue, dalian wanda, group's, year

Source Link: http://feeds.reuters.com/~r/reuters/companyNews/~3/P8dMm1rYYhQ/chinas-dalian-wanda-group-posts-revenue-drop-for-third-straight-year-idUSL3N1ZC03N

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