Enviro-Hub back in the green with earnings of $0.7 million in 1H21

Aug. 10, 2021

As featured on The Edge

Earnings of Enviro-Hub Holdings came in at $0.7 million in 1HFY21 ended June, a reversal from the losses of $1.6 million logged in the year before.

On a fully diluted basis, this translates to earnings per share of 0.042 cents, compared to losses per share of 0.154 cents in 1HFY20.

With this, net asset value per share was 4.24 cents as at June 30, versus 4.50 cents on Dec 31.

Revenue for the first six months of the year was up 19.6% y-o-y to $17.7 million, thanks to a 78.8% jump in revenue from its e-waste recycling segment.

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