You are here

Tuaspring's S$27m loss takes heavy toll on Hyflux Q1 earnings

Tuaspring, classified as "held for sale", hit by weak Singapore power market

Singapore

EARNINGS for mainboard-listed Hyflux plunged 89 per cent for the quarter ended March 31, 2017, to S$0.8 million.

This was from S$7.3 million in the same quarter last year.

The plunge was due to the Tuaspring plant, which has been classified as "held for sale". It

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom