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Hi-P: Generates Strong Positive Operating Cash Flow Of S$92.9 Million For 1Q2016 Which Bolsters Balance Sheet Strength.
05 May 2016 18:23Net debt position reduced substantially by S$67.4 million from end of 2015 to S$122.7 million while cash and cash equivalents increased to S$129.7 million. Revenue remains stable at S$275.6 million while net loss narrows to S$12.4 million. Gross profit surges 278.0% yoy to S$16.7 million on improved product mix and efficient cost controls...
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Source: ShareInvestor Express