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Hyflux profit dives despite surge in revenue
Published Thu, Aug 4, 2016 · 09:50 PM
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Singapore
DESPITE a more than doubling in revenue, Hyflux's second-quarter earnings nosedived, weighed down by a surge in costs for raw materials and sub-contractors and higher amortisation charges.
Net profit plummeted 90 per cent to S$2.6 million…
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