SUBSCRIBERS
Hyflux sinks into the red with S$25.1m Q2 loss; revenue plunges 65% to S$81.8m
Published Thu, Aug 3, 2017 · 09:50 PM
Singapore
A WEAK Singapore power market and the Tuaspring Integrated Water and Power Plant, which is still classified as Held for Sale, dampened Hyflux's results for its second quarter.
The mainboard-listed company fell into the red in Q2 2017, chalking up a net loss of S$25.1 million, compared to a net profit of S$2.6 million in the year-ago period, the group said on Thursday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
China’s top airlines improve balance sheet in Q1; outlook positive for May Day
Stablecoin issuer Tether invests US$200 million in brain-computer interface company
Yahoo to lay off staff in Singapore as it shifts to content curation
US: Wall St opens higher on megacap strength, Fed verdict awaited
IReit Global occupancy rate grows to 91.5% in Q1
Yen surges against US dollar on suspected intervention