- Biopolymer producer SECOS Group (SES) has released its September quarterly report, showing it recorded a 19.3 per cent increase in sales year-on-year
- Its biopolymer products performed even better, with sales increasing 75.8 per cent this quarter compared to the same time in 2019
- SECOS ended the September quarter with over $16 million worth of cash in the bank, having burnt through around $850,000
- Looking ahead the company expects demand for its core products to grow, as more people switch to biodegradable bags
- Shares in SES have ended the day up 10.3 per cent, worth 16 cents each
SECOS Group (SES) has released its September quarterly report, showing it recorded a 19.3 per cent increase in overall sales year-on-year.