Hyflux's loss widens as Tuaspring's woes drag on

Hyflux announced in February last year that it was exploring a partial divestment of Tuaspring, which has been a drag on earnings.

PHOTO: HYFLUX

Singapore

WEIGHED down by the loss-making desalination and power plant Tuaspring, water treatment firm Hyflux chalked up a loss of S$22.21 million in the first quarter ended March 31, 2018, widening from a restated loss of S$64,000 a year ago.

Excluding Tuaspring, Hyflux earned a