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AsiaPhos swings back to profitability in 1H17

Samantha Chiew
Samantha Chiew8/4/2017 06:06 PM GMT+08  • 1 min read
AsiaPhos swings back to profitability in 1H17
SINGAPORE (Aug 4): AsiaPhos swung back to the black in 1H17 with earnings of $912,000 from a loss of $549,000 in 1H16.
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SINGAPORE (Aug 4): AsiaPhos swung back to the black in 1H17 with earnings of $912,000 from a loss of $549,000 in 1H16.

1H17 revenue more than doubled to $28.2 million compared to $11.6 million a year ago.

AsiaPhos says it experienced a good season in 1H17 and mined an excess of 181,000 tonnes of rocks.

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