Published:
Halcyon Agri's net loss widens to US$87.0m in FY23
The FY23 net loss is 384.3% bigger year-on-year.
Halcyon Agri's attributable loss to its owners ballooned to US$87.0m ($117.1m) in FY23, widening by 384.3% YoY.
The company's loss after tax also widened to US$88.6m ($119.2m) from US$14.1m ($18.98m) in FY22 due to an increase in loss before tax by US$86.4m ($116.3m)
With wider losses, the company recorded a loss per share of $0.0782, up from the $0.0215 record.
On the flip side, the company's revenue increased by 7.7% to $3.9b (US$2.9b) in FY23.
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