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OKP Holdings reports rise in Q3 profit

Engineering company OKP Holdings saw a jump in net profit for the third quarter ended Sept 30, which rose to S$997,000 from S$281,000 a year ago. This was despite a 7.5 per cent slide year-on-year in revenue to S$24.21 million due to lower revenue from its maintenance segment.

Earnings per share came to 0.32 Singapore cent, up from 0.09 cent in the corresponding quarter a year ago.

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