Brief: Halcyon Agri Corp Posts Q4 Profit Attributable Of US$17.4 Mln

Halcyon Agri

26/02/2020 09:30

Feb 26 (Reuters) - Halcyon Agri Corporation Ltd  HALC.SI :
    * Q4 PROFIT ATTRIBUTABLE $17.4 MILLION VERSUS LOSS OF $7.4
MILLION
    * Q4 REVENUE $482.8 MILLION VERSUS $538.3 MILLION
    * 2020 BUSINESS PLAN INCLUDES HEADCOUNT REVIEW IN
PLANTATIONS AND
FACTORIES
    * IN 2020, WILL CONSOLIDATE OFFICES & OVERHEADS IN CORRIE
MACCOLL
DISTRIBUTION UNITS
    * AIMS TO ACHIEVE 70% CAPACITY UTILISATION IN PROCESSING
FACTORIES
IN 2020
    * EXPECT DRY WEATHER IN PARTS OF PARTS OF THAILAND &
INDOCHINA TO
PROLONG WINTERING AND LIMIT SUPPLY OF NATURAL RUBBER
    * SEES AFFECTED REGIONS TO PRODUCE 4.5 MILLION METRIC TONNES
OF
NATURAL RUBBER ANNUALLY
    * EXPECTS TO BE PROFITABLE IN 2020

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ6hY4nQ
Further company coverage:  HALC.SI 

 (Reuters.Briefs@thomsonreuters.com)