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Hyflux Q1 profit soars on $56.9m divestment gain

HYFLUX Ltd posted a significant lift in net profit for the first quarter, thanks to a one-time divestment of a joint venture project. The water treatment company said that net profit for the three months ended March 31, 2014, stood at $37.91 million, up from $8.04 million a year ago. This

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