SINGAPORE (July 20): Water company Hyflux says it expects to report a loss for the second quarter ended June 30, 2017, largely driven by the weak Singapore power market.

“This profit guidance is based on the currently available preliminary assessment of the group’s unaudited financial results for 2QFY2017, which the group is in the process of finalising,” says the group in a Thursday night filing.

Further details of the group’s financial results will be disclosed when the company announces its unaudited financial results for 2Q17 on or before Aug 14.

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