SECOS Group: Reports strong June quarter
- SECOS Group (SES) has had a positive June quarter despite COVID-19 disruptions
- The company reported cash receipts totalling $5.4 million, a slight increase from the $5 million in the prior corresponding period
- SECOS biopolymer sales exceeded $2.5 million, bringing the half year sales to $5.6 million
- SECOS also launched its new retail brand, MyEcoBag, with Woolworths
- Finally, SECOS received a $600,000 contract from the City of Melville to supply its compostable bags to city councils
- SECOS is up a steady 9.09 per cent on the market and shares are currently trading for 12 cents each
