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ST Engineering Q3 earnings surge 67.5% in absence of one-off charge
Published Wed, Nov 8, 2017 · 09:50 PM
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Singapore
THE absence of a one-time S$61.1 million charge for its specialty vehicle business in China gave a fillip to Singapore Technologies (ST) Engineering's earnings in the third quarter.
Net profit for the three months to Sept 30 leapt 67.5 per cent to S$128.4 million from the same period a year earlier.
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