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hyflux ltd (600) Details

Hyflux Ltd, an investment holding company, provides solutions focusing on the areas of water and energy worldwide. The company operates through two segments, Municipal and Industrial. The Municipal segment supplies a range of infrastructure solutions, including water, power, and waste-to-energy to municipalities and governments. The Industrial segment offers liquid separation applications for industrial customers, such as the pharmaceutical, biotechnology, food processing, and petrochemical oil-related industries. The company provides seawater desalination, raw water purification, wastewater cleaning, water recycling, water reclamation, and pure water production services to municipal and industrial clients, as well as to home consumers; filtration services; and purification products. It also designs, constructs, owns, operates, and sells water treatment, seawater desalination, wastewater treatment, and water recycling plants under service concession arrangements; and sells oxygen-rich water and related products and services. In addition, the company designs, constructs, owns, operates, and sells power plants and waste-to-energy plants; and trades in the electricity markets. Hyflux Ltd was founded in 1989 and is headquartered in Singapore.

2,800 Employees
Last Reported Date: 04/3/17
Founded in 1989

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hyflux ltd
Hyflux Ltd Announces Preferential Dividend, Payable on 25 October 2017

Hyflux Ltd. announced that the share transfer books and register of preference shareholders of Hyflux Ltd. will be closed on 12 October 2017. Duly completed registrable transfers received by the Company's Share Registrar, Boardroom Corporate & Advisory Services Pte. Ltd., 50 Raffles Place, #32-01, Singapore Land Tower, Singapore 048623 up to 5.00 p.m. on 11 October 2017 will be registered to determine Preference Shareholders' entitlements to a cumulative preferential dividend at 6% per annum on the Liquidation Preference of each Preference Share, calculated on the basis of 183 days from (and including) 25 April 2017 to (but excluding) 25 October 2017 (being the relevant dividend period). The preferential dividend will be paid on 25 October 2017.

Hyflux Ltd. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017

Hyflux Ltd. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenue of SGD 81,757,000 compared with SGD 231,066,000 a year ago. Loss before income tax was SGD 4,363,000 compared with profit of SGD 45,265,000 a year ago. Loss attributable to owners of the company was SGD 25,107,000 compared with profit of SGD 2,622,000 a year ago. Net cash used in operating activities was SGD 86,801,000 compared with SGD 86,802,000 a year ago. Acquisition of property, plant and equipment was SGD 4,146,000 compared with SGD 5,992,000 a year ago. Fully diluted loss per share was 4.91 cents compared with 1.58 cents a year ago. For the six months, the company's revenue was SGD 173,285,000 compared with SGD 453,875,000 a year ago. Profit before income tax was SGD 24,056,000 compared with SGD 74,814,000 a year ago. Loss attributable to owners of the company was SGD 24,285,000 compared with profit of SGD 9,944,000 a year ago. Net cash used in operating activities was SGD 173,723,000 compared with SGD 135,486,000 a year ago. Acquisition of property, plant and equipment was SGD 10,421,000 compared with SGD 12,992,000 a year ago. Acquisition of intangible assets was SGD 212,000 compared with SGD 1,023,000 a year ago. Fully diluted loss per share was 6.62 cents compared with 2.22 cents a year ago.

Hyflux Ltd Provides Earnings Guidance for the Second Quarter Ended June 30, 2017

Hyflux Ltd. provided earnings guidance for the second quarter ended June 30, 2017. The group is expected to report a loss for the second quarter ended 30 June 2017 largely driven by the weak Singapore power market.

 

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