Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose significantly over the previous year to $6.9 million in the reporting year.
Earnings before interest and taxes (EBIT) rose by $5.2 million year-on-year to $1.1 million.
The net loss, which was still suffering from high capital costs and currency effects, was reduced significantly compared with the previous year ($-10.2 million) to $-4.7 million.
For 2016, Precious Woods expects higher production and sales volumes and a further improvement of the income situation.
Precious Woods is one of the leading companies in sustainable management of tropical forests globally.