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SIA Engineering posts 63.1% rise in Q3 net profit to S$54m

Published Fri, Feb 7, 2020 · 09:50 PM

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Singapore

SIA Engineering on Friday said its third-quarter net profit surged 63.1 per cent to S$54 million, helped by contributions from associated and joint-venture companies.

This came despite revenue dipping 1.5 per cent to S$252.1 million, weighed down by a decline in airframe and line maintenance revenue.

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