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ST Engineering Q3 earnings surge 67.5% in absence of one-off charge

Thu, Nov 09, 2017 - 5:50 AM
tsjwoo@sph.com.sg@JacquelineWooBT

Singapore

THE absence of a one-time S$61.1 million charge for its specialty vehicle business in China gave a fillip to Singapore Technologies (ST) Engineering's earnings in the third quarter.

Net profit for the three months to Sept 30 leapt 67.5 per cent to S$128.4 million from the...

sentifi.com

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