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Hyflux profit rises 4.7% on cuts on raw material, labour spendingHyflux, Singapore’s biggest water treatment company, posted a 4.7% increase in first-quarter profit as it reduced spending on raw materials and labour.
Net income climbed to $8 million in the three months ended March 31, from $7.7 million a year earlier, Hyflux said in a statement to the stock exchange today. Operating costs and expenditures fell by about 8%, according to the company, which built Singapore’s first water-recycling plant.
The industrial water sector’s outlook is improving, Hyflux said. Countries such as China and India “impose more stringent water discharge standards and encourage industries to seek alternative sustainable sources of water, such as recycling and desalination,” according to the statement.
Hyflux said its Tuaspring Desalination Plant in the city-state is undergoing testing and commissioning and is scheduled to begin operations in the second half of this year. ...Prev Close: $1.435...
got any internal news ? suddenly shoot so much
Good result.Tmor cheong arhhhh..
Hyflux: Achieves Highest Ever Order Book Of S$2.9 Billion With Growing Recurring Income Base.
Hyflux Ltd reported a 15% increase in profit after tax and minority interests from S$53.0 million to S$61.0 million for the 12 months ended 31 December 2012. The profit growth was achieved on the back of a 42% increase in total revenue from S$482.0 million in FY2011 to S$682.4 million in FY2012. In the three months ended 31 December 2012, the total revenue was S$198.0 million, while PATMI posted was S$21.3 million...
The Board of Directors has proposed a final dividend of 2.50 Singapore cents per ordinary share. This is in addition to an interim dividend of 0.7 Singapore cents that was paid out on 31 August 2012.
Need good news from them to push it higher this counter very quiet nt much contract
this counter is heading higher..
breakout ! is going higher.
bishan22 ( Date: 23-Jan-2013 21:13) Posted:
Strong resistance at 1.35.  |
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Strong resistance at 1.35.
Hope can go back to 1.80-2++ :(
hope it continues chionging!!
Just bought Hyflux at 1.310 =D wish me luck.
Upon further consideration, I will amend that to
1.18...
Which means I will not enter unless it goes to that price...
Of course I can be easily wrong...
iPunter ( Date: 20-Jan-2013 18:01) Posted:
1.22 will be a good price to enter long (it may or may not get there)...
New123 ( Date: 20-Jan-2013 17:39) Posted:
| i hv lets go with some coffee $. Currently chart wise seems going down . Think is better to wait for the right time to long |
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1.22 will be a good price to enter long (it may or may not get there)...
New123 ( Date: 20-Jan-2013 17:39) Posted:
i hv lets go with some coffee $. Currently chart wise seems going down . Think is better to wait for the right time to long .
NoMoney ( Date: 20-Jan-2013 17:34) Posted:
| this counter is sleeping for months already dont know when will it wake up |
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i hv lets go with some coffee $. Currently chart wise seems going down . Think is better to wait for the right time to long .
NoMoney ( Date: 20-Jan-2013 17:34) Posted:
| this counter is sleeping for months already dont know when will it wake up |
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this counter is sleeping for months already dont know when will it wake up
When the last qtr result out, price should be UP......
... time to collect.
$1.40 soon
Singapore, 11 January 2013
water purchase agreement (WPA) to deliver desalinated water to the Dahej Special Economic
Zone (Dahej SEZ) in Gujarat, India has been finalised and signed with Dahej SEZ Limited (DSL).
The WPA between DSL and Swarnim DahejSpring Desalination Pvt Ltd (DahejSpring) will
become effective once financial close for the desalination project is achieved. DahejSpring is
the special purpose company formed by consortium members Hitachi Ltd and Hyflux Utility
(India) Pvt Ltd, a wholly-owned subsidiary of Hyflux, for the development of the seawater
desalination project in the Dahej SEZ.
The WPA will be for a term of 30 years, including an estimated three-year construction period.
DSL is committed to purchase 100% of the water on a take or pay basis.
– Hyflux Ltd (“Hyflux” or “Company”) today announced that the
