ST Engineering's Q2 profit drops 6.1%
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Singapore
SINGAPORE Technologies Engineering (ST Engineering) reported a 6.1 per cent year-on-year drop in net profit to about S$125 million for the second quarter ended June 30, dragged down partly by lower finance income and higher finance costs.
Earnings per share for the quarter were 4.01 Singapore cents, down from 4.28 cents a year ago.
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