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ST Engineering's Q2 profit drops 6.1%

Nisha Ramchandani
Published Fri, Aug 14, 2015 · 09:50 PM

Singapore

SINGAPORE Technologies Engineering (ST Engineering) reported a 6.1 per cent year-on-year drop in net profit to about S$125 million for the second quarter ended June 30, dragged down partly by lower finance income and higher finance costs.

Earnings per share for the quarter were 4.01 Singapore cents, down from 4.28 cents a year ago.

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