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Halcyon Agri reports Q2 profit of US$1.7m

It reaps benefits of merger with GMG Global, Sinochem Int'l Corp's natural rubber assets
Thursday, August 3, 2017 - 05:50

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A Halcyon Agri facility in Palembang, Indonesia. The company says it is "cautiously optimistic" that price fluctuations for natural rubber will not be of the magnitude as that seen last year.

Singapore

NATURAL rubber supplier Halcyon Agri Corporation continued to stay in the black in the second quarter, reversing its loss a year ago as it reaps the benefits of its merger late last year with GMG Global and Sinochem International Corporation's natural rubber assets.

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