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.


To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook