Hyflux falters despite Tuas success
- From: Vol 6, Issue 9 (September 2005)
- Category: Companies
- Region: Asia
- Country: China
- Related Companies: Black & Veatch, Hydranautics, Hyflux, Nakheel, Suez and Toray Industries
Its sky-high share price wobbled in August but chief executive Olivia Lum remains confident that Hyflux can deliver.
Hyflux chief executive Olivia Lum has answered critics who suggested that the company was having difficulties sustaining its rapid growth rate. The company’s share price fell by more than 10% at the beginning of August despite a strong set of half-year results, after analysts expressed concerns about the sustainability of the company’s growth rate.
The company told the ...
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