You are here

SIAEC's Q3 net down 9.7% on higher costs

SIA Engineering Company (SIAEC) saw its net profit for the third quarter ended Dec 31, 2013, decline 9.7 per cent year-on-year to $60.5 million, due in part to higher costs. Revenue edged up 2 per cent to $283.8 million, although expenditure grew at a faster pace, increasing 4.7 per cent to $258