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United Engineers post lower Q2 profit

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Published Fri, Aug 14, 2015 · 09:50 PM

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Singapore

UNITED Engineers Ltd (UEL) posted a second-quarter net profit of S$17.6 million, down 57 per cent from the previous corresponding's S$40.8 million, which included S$16.6 million from discontinued operations.

Stripping off discontinued operations, profit attributable to equity-holders from continuing operations fell 27 per cent.

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