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ST Engineering Q2 profit falls 12% but revenue rises 8%

Published Fri, Aug 11, 2017 · 09:50 PM

Singapore

SINGAPORE Technologies Engineering (ST Engineering) on Friday reported a 12 per cent decline in net profit to S$111.5 million for the second quarter ended June 30, 2017.

This came on the back of losses incurred in the marine sector and a lack of divestment gain on a subsidiary in the land systems division.

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Companies & Markets

Companies & Markets

ST Engineering Q2 profit falls 12% but revenue rises 8%

Companies & Markets

China’s top airlines improve balance sheet in Q1; outlook positive for May Day

Stablecoin issuer Tether invests US$200 million in brain-computer interface company

Yahoo to lay off staff in Singapore as it shifts to content curation

US: Wall St opens higher on megacap strength, Fed verdict awaited

IReit Global occupancy rate grows to 91.5% in Q1

Yen surges against US dollar on suspected intervention

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