Evergreen returns to the black

Evergreen Fibreboard said the improvement was due to higher revenue, lower operation cost and higher foreign exchange gain.

PETALING JAYA: Evergreen Fibreboard Bhd (EFB) posted a net profit of RM4.2mil for the second quarter ended June 30, 2021, compared with a net loss of RM11.1mil in the corresponding quarter last year.

The improvement was attributable to higher revenue, lower operation cost and higher foreign exchange gain.