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Hyflux profit dives 91% despite record sales

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Published Thu, Feb 23, 2017 · 09:50 PM

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Hyflux

Singapore

MAINBOARD-LISTED Hyflux's revenue more than doubled to almost S$1 billion in 2016, but it failed to translate the increase into an improved bottom line.

Earnings plunged 91 per cent to S$4.8 million on a record revenue of S$987 million, more than double the S$445.2 million in 2015.

Hyflux

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