I started serious Investing Journey in Jan 2000 to create wealth through long-term investing and short-term trading; but as from April 2013 my Journey in Investing has changed to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

Since 2017 after retiring from full-time job as employee; I am moving towards Investing Nirvana - Freehold Investment Income for Life investing strategy where 100% of investment income from portfolio investment is cashed out to support household expenses i.e. not a single cent of re-investing!

It is 57% (2017 to Aug 2022) to the Land of Investing Nirvana - Freehold Income for Life!


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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Friday 10 May 2013

Hyflux, Singapore’s biggest water treatment company, posted a 4.7% increase in first-quarter profit

Hyflux, 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.

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