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Halcyon Agri sees 4Q earnings plunge 84.4% to US$11.6 mil on absence of one-off gain

Stanislaus Jude Chan
Stanislaus Jude Chan2/26/2018 09:31 AM GMT+08  • 2 min read
Halcyon Agri sees 4Q earnings plunge 84.4% to US$11.6 mil on absence of one-off gain
SINGAPORE (Feb 26): Halcyon Agri Corporation posts an 84.4% drop in earnings to US$11.6 million ($15.3 million) for the 4Q ended December, from US$74.5 million a year ago.
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SINGAPORE (Feb 26): Halcyon Agri Corporation posts an 84.4% drop in earnings to US$11.6 million ($15.3 million) for the 4Q ended December, from US$74.5 million a year ago.

This brings full year earnings down 33.5% to US$31.7 million for FY17, from US$47.7 million a year ago.

The lower 4Q17 earnings were mainly to a decrease in other income, which fell 74.4% to US$23.8 million, from US$93.2 million a year ago.

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