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Higher revenue and gross margin boost United Engineers' Q3 bottom line
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Michelle Quah
Published Fri, Nov 14, 2014 · 09:50 PM
Singapore
UNITED Engineers reported a 7 per cent increase in third-quarter revenue, thanks to progressive revenue recognition of the sale of its Eight Riversuites condominium development.
Its topline rose to S$786.3 million for the three months ended Sept 30, 2014, from S$732 million the year before.
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