Cypark’s green plant to reach maximum capacity

Public IB Research said the group’s discussion on the tipping fee revision had received favourable response from the authorities.

PETALING JAYA: Cypark Resources Bhd is expected to improve its margins and cash flow upon the approval of the tipping fee revision, while its green energy plant is estimated to reach maximum capacity in the near term.

Public Investment Bank (IB) Research said the group’s discussion on the tipping fee revision, which is at RM33 per tonne, had received favourable response from the authorities and upon approval, will impact Cypark significantly.