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Halcyon Agri

Stock Chart
Last Done 0.250
Change - (-)
Volume 13.2
Range 0.245 - 0.255

Halcyon Agri: Swings Back To Profit In Q1 2021.

18 May 2021 09:06

Halcyon Agri Corporation Limited witnessed robust demand for natural rubber that underpins the uptrend in natural rubber prices during Q1 2021. Sales volume in the first quarter was 306,733 mT, 9.2% higher than Q1 2020. Driven by margin expansion and effective cost control, the Group has reported a Q1 2021 EBITDA of US$14.1 million, outperforming Q4 2020 and Q1 2020 EBITDA of US$0.2 million and negative US$3.7 million respectively. Coupled with the reduction in net financing costs, the Group has achieved a profit before tax position in Q1 2021...

Attachments: Source: ShareInvestor Express
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