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SIAEC's Q3 net down 9.7% on higher costs

SIA Engineering Company (SIAEC) saw its net profit for the third quarter ended Dec 31, 2013, decline 9.7 per cent year-on-year to $60.5 million, due in part to higher costs.

Revenue edged up 2 per cent to $283.8 million, although expenditure grew at a faster pace, increasing 4.7 per cent...