Net Loss Widens; All Eyes on Sale of Overseas Assets CG Power & Industrial Solutions (CG Power) continued to report a dismal performance in 2QFY18. Its consolidated net loss including discontinued operations stood at Rs4305mn. Excluding discontinued operation, CG Power reported Rs378mn loss vs. Rs 220mn profit in 2QFY17 owing to lower margin on the back of higher commodity prices. Notably, the Company couldn't undertake any price hike especially amid a weak demand environment due to GST transition. Its consolidated revenue including Indonesian subsidiary grew by a strong 18% YoY to Rs15.6bn in 2QFY18, driven by a recovery of lost sales in Indonesia (US$20mn) due to...