Hyflux Ltd (or the Group) today reported 26% growth in
revenue and 74% rise in profit after tax and minority interests (PATMI) for the three months ended 30 September 2013.
The total revenue recorded for the third quarter of FY2013 was S$187.7 million compared to S$148.9 million in the comparable quarter in FY2012. The higher revenue was especially due to the completion of projects in the third quarter.
The Group recorded a profit before tax of S$27.4 million for the third quarter, while PATMI was S$25.3 million. In the third quarter of FY2012, the pre-tax profit was S$16.6
million and PATMI posted was S$14.5 million.
For the nine months ended 30 September 2013, PATMI showed a 28% rise from S$39.7 million to S$51.0 million on the back of a 4% decline in revenue from S$467.8 million to S$450.7 million.
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