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Hiap Seng narrows Q2 losses, to undergo restructuring

Singapore

HIAP Seng Engineering narrowed its losses to S$8.5 million from S$22.3 million for the second quarter ended Sept 30, on the back of higher revenue and lower operating costs.

Turnover rose 35.2 per cent to S$36.2 million, mainly owing to higher recognition of revenue. Hiap...

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