Home Capital Results

Hyflux’s 3Q earnings triple to $21.5 million on higher revenue

Benjamin Cher
Benjamin Cher11/3/2016 06:18 PM GMT+08  • 2 min read
Hyflux’s 3Q earnings triple to $21.5 million on higher revenue
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.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

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.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now