SIA Engineering's Q3 profit lifted by partial disposal of associated company
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Singapore
BOOSTED by a S$2.3 million gain on the partial disposal of an associated company, SIA Engineering Company (SIAEC) chalked up a 6.5 per cent year on year bump in net profit to S$52.6 million for the third quarter ended Dec 31, 2016.
The corresponding quarter last year was also weighed down by provisions for closure costs and impairment of two associated companies.
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