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ST Engineering's Q3 profit slips 8%

Aerospace segment hit by weaker European ops, restructuring costs

Anita Gabriel
Published Fri, Nov 7, 2014 · 09:50 PM

Singapore

SINGAPORE Technologies Engineering (ST Engineering) posted a 7.7 per cent dip in net profit to S$121.3 million for the third quarter from S$131.4 million a year ago, largely due to weak European operations.

Revenue was flat at S$1.553 billion against S$1.55 billion a year earlier, on the back of lower revenue in the a…

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