ST Engineering's Q3 net profit rises 9.9% as revenue falls
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
NET profit for Singapore Technologies (ST) Engineering in the third quarter ended Sept 30, 2015, increased by 9.9 per cent to S$133.26 million from S$121.3 million a year ago.
However, its revenue fell 3.4 per cent to S$1.5 billion from the previous S$1.55 billion, pulled down by poor performance in its land systems and marine sectors.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Ministry of Home Affairs Permanent Secretary Pang Kin Keong to retire
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result