Wednesday, February 18, 2009

Reports

Hyflux Ltd posted a record revenue of S$554.2 million for FY2008 representing an increase of 187% from
FY07. Profit after tax and minority interest amounted to S$59 million compared to S$33 million in December
2007. The Group’s cash position stood at S$90.7 million as at December 31, 2008. Net gearing increased
marginally to 0.54 times compared to 0.32 times in FY2007. The net EPC order book increased by 34% to
S$1.15 billion as at December 31, 2008, from S$863 million as at December 31, 2007.

Tat Hong Holdings Ltd reported a 14% increase in revenue to S$521.1 million for the nine months ended
December 31, 2008 (“9MFY2009”). Net profit after tax and Minority Interest decreased 12% from S$61.4
million in the previous corresponding period (“9MFY2008”) to S$54.3 million in 9MFY2009.


Oversea-Chinese Banking Corporation Limited reported a 16% decline in net profit to S$1,749 million for
the financial year ended 31 December 2008 (“FY08”). Core net profit, which excludes divestment gains and
tax refunds from both periods, fell by 21% to S$1,486 million. The overall contribution from insurance
subsidiary Great Eastern Holdings (“GEH”) to the Group’s core net profit fell from S$449 million to S$160
million. Excluding GEH, the Group’s core earnings declined by 7%. A final tax-exempt dividend of 14 cents per
share has been proposed for the financial year ended 31 December 2008, bringing the full year

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