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Its consumer products segment also returned to the black, driven by strong revenue growth that was partly boosted by increased demand due to Covid-19.
"Being one of the biggest producers of agrochemical in Malaysia, the group was able to secure sufficient inventories to operate without disruption from the Covid-19 impact," it said.
The group said it will pay a first interim dividend of one sen per share on June 23, which amounts to RM8.06 million in total.
On outlook, Hextar Global said its agriculture segment turned out to be more essentially needed than before, as governments are prioritising food security. Hence, it is confident that the agriculture segment will continue to contribute a sustainable income to the group in 2020.
As for its consumer products segment, it said growth momentum is expected to continue throughout the rest of the year
有几点都是目前的趋势，19年 10月脱售资产，偿还贷款，更是非常合时机｛天时｝，而且公司还在这艰难的时刻还拨出1分的分红。还有
1. Consumer prcoducts strong revenue growth and growth momentum expected to continue.
2. Biggest producers of agrochemical in Malaysia
3. Agriculture segment more essential and continue to contribute sustainable income ｛地利｝
4。未来展望
the group said it has continued with its expansion plan by embarking on 5G technology in the plantation industry, and has set up a new subsidiary, Hextar IOT Sdn Bhd, for the venture.
Hextar not only consumer products, they have subsidiaries selling Chemical, Agrobio, cleaning and Sanitizer, etc. The Boss owed company Hextar Rubber bought over 30% Rubberex share in March 20 become largest shareholder, in June Hextar Rubber offered unconditional take over Rubberex but shareholder not happy for the offered because too low. Now Hextar Rubber slowly eating share in open market, go check Rubberex announcement.
