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Tuaspring plant

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Hyflux sinks into FY17 loss of $116.4 mil; continues seeking buyer for Tuaspring plant

SINGAPORE (Feb 27): Water solutions provider Hyflux has announced a FY17 loss of $116.4 million compared to $3.8 million in earnings posted for FY16, citing continued weak electricity prices across the Singapore power market.

Results

Hyflux 1Q earnings fall more than ninefold to $0.8 mil with Tuaspring plant held for sale

SINGAPORE (May 4): Hyflux, the water solutions provider, saw 1Q17 earnings fall to $0.8 million from $7.3 million a year ago.

Hyflux appoints DBS, China International Capital as financial advisers for Tuaspring plant divestment

SINGAPORE (April 24): Hyflux has appointed DBS Bank and China International Capital Corporation (Singapore) as its financial advisers to evaluate its strategic options relating to the proposed partial divestment of Tuaspring plant.
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