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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

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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.

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