Greenyield to expand global footprint - News Summed Up

Greenyield to expand global footprint


BANGI: Greenyield Bhd expects non-plantation business to register better growth for the current financial year, following the diversification of its products. The company also plans to step up efforts to expand its customer base globally to strengthen its financial position in the face of a challenging business environment. “We are also in midst of developing more value-added products in our plantation business such as fertilisers and bio-based sprays. During the financial year, the company posted lower revenue at RM30.67 million compared to RM37.30 million in the previous financial year. Revenue in the plantation segment in financial year 2017 fell to RM15.92 million from RM16.49 million the previous year, while the non-plantation segment also decreased to RM14.75 million compared to RM20.81 million.


Source: New Strait Times December 21, 2017 12:00 UTC



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