Cameroonian Rubber Producers Report Combined Net Losses of $73 Million

Cameroonian rubber producers Hevecam and Sudcam, which are controlled by China's Hainan Rubber through its subsidiary Halcyon Agri, recorded combined net losses of $73 million in 2024 and 2025. The companies' combined revenue grew from $45.24 million to $56.88 million during that period, but the losses increased by 26.6% in dollar terms, rising from $32.22 million in 2024 to $40.79 million in 2025. Hainan Rubber stated it is developing a plan to reduce losses at its Cameroon plantations.

The financial disclosures show that despite higher sales, the costs of the two operations exceeded their revenue. This financial performance affects the parent company, Hainan Rubber, and its subsidiary, Halcyon Agri, as they manage the rubber production operations in Cameroon.