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UE's Q3 earnings dip 2% to $12.5m

PROPERTY development conglomerate United Engineers (UE) posted net profit of $12.5 million for its third quarter ended Sept 30, down 2 per cent from $12.8 million a year ago. Revenue more than quadrupled to $732 million from $152.4 million a year ago, as a result of the consolidation of results