The Business Times
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ST Engineering Q1 profit edges up

Bottomline helped by surge in contributions from associates and jointly controlled entities

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Published Fri, May 9, 2014 · 10:00 PM

Singapore

SINGAPORE Technologies Engineering (ST Engineering) reported a 2.4 per cent year-on-year increase in net profit to $137.2 million for the first quarter as revenue rose just 0.5 per cent to $1.55 billion.

Earnings per share for the three months were 4.41 cents, compared with 4.34 Singapore cents a year earlier.

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