Hyflux Ltd Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2018
Hyflux Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported revenue of SGD 72,000,000 against SGD 91,528,000 a year ago. Loss before tax was SGD 1,464,000 against profit before tax of SGD 27,533,000 a year ago. Loss for the year was SGD 24,021,000 against SGD 458,000 a year ago. Profit (excluding Tuaspring) attributable to owners of the company was SGD 1,036,000 against SGD 26,927,000 a year ago. Loss attributable to owners of the company was SGD 22,211,000 against SGD 64,000 a year ago. Loss for the year was SGD 24,021,000 against SGD 458,000 a year ago. Loss for the year excluding Tuaspring was SGD 774,000 against profit for the year excluding Tuaspring of SGD 26,533,000 a year ago. Net cash used in operating activities was SGD 51,175,000 against SGD 85,353,000 a year ago. Acquisition of property, plant and equipment was SGD 18,097,000 against SGD 6,275,000 a year ago. Acquisition of intangible assets was SGD 101,000 against SGD 212,000 a year ago. Loss on a fully diluted basis of ordinary shares was 4.53 cents against 1.82 cents a year ago. Loss on a fully diluted basis of ordinary shares - excluding Tuaspring was 1.57 cents against profit on a fully diluted basis of ordinary shares - excluding Tuaspring of 1.61 cents a year ago.