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

Tuaspring, classified as "held for sale", hit by weak Singapore power market
Fri, May 05, 2017 - 5:50 AM
btnews@sph.com.sg

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...

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