You are here

UEL posts lower Q3 net profit on discontinued operations

Earnings plunge 92% to S$10.6m; revenue increases 41% to S$143m

Singapore

UNITED Engineers Ltd (UEL) reported a net profit of S$10.6 million for the third quarter ended Sept 30, down from S$134.65 million a year ago.

The 92 per cent plunge was mainly due to some S$123 million of profit attributable to owners of the company in the year-ago

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom