This comes as the group had achieved what it calls a “record” sales volume of 4.82 million metric tonnes, which is up 5.8% from FY2019. This in turn pushed revenue up by 22.3% to US$3.4 billion in FY2020, from US$2.8 billion in the year before.
Earnings of agri-business services provider Mewah International soared by some 643.1% to US$86.5 million ($115.3 million) in FY2020 ended December, from US$11.6 million in the year before.
On a fully diluted basis, this translates to earnings per share of 5.77 US cents in FY2020, versus 0.78 US cents in FY2019.
