Halcyon Agri Corporation is back in the black for the 1QFY2021 ended March, with EBITDA of US$14.1 million ($18.8 million), from EBITDA of negative US$3.7 million for the 1QFY2020.

Q-o-q, EBITDA surged 70.5 times from EBITDA of US$0.2 million for the 4QFY2020.

Coupled with the reduction in net financing costs, the group has achieved a profit before tax position for the 1QFY2021.

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