Halcyon Agri Corp. Ltd. (SG:5VJ) has released an update.
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Halcyon Agri Corp. Ltd. reports a robust start to 2024 with sales volume surging by 18% to 365,375 MT and a 20.5% increase in revenue to US$592.9 million in Q1, compared to the same period last year. Despite ongoing macroeconomic challenges and geopolitical tensions, the company has seen growth in gross profit and EBITDA, attributed to resilient rubber prices and effective cost-saving measures. CEO Sun Weiliang remains optimistic about seizing future business opportunities amid stable rubber demand.
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