SINGAPORE (Nov 3): Hyflux saw a tripling of 3Q earnings to $21.5 million, or 0.38 cents per share, from $6.4 million a year ago on higher revenue.
Revenue more than doubled to a record $295.9 million, lifted mainly by TuasOne waste-to-energy (WTE) project and Qurayyat Independent Water Project (IWP) in the Sultanate of Oman.
Municipal projects contributed a 93% or $275.5 million to total revenue while industrial sector contributed 6% or $18.7 million.
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