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ST Engineering Q3 profit drops 42% on impairment of China JV
Published Thu, Nov 10, 2016 · 09:50 PM
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Singapore
SINGAPORE Technologies (ST) Engineering posted a 42 per cent drop in net profit for the third quarter after it took a one-time S$61.1 million charge related to the expected closing of a road construction equipment business in China.
Net profit was S$76.7…
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