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UE net profit falls 17% to S$102.2m, mainly due to asset sales

Published Fri, Feb 26, 2016 · 09:50 PM

Singapore

UNITED Engineers' (UE) net profit for 2015 has fallen 17 per cent to S$102.2 million, largely due to the sale of two business units at end-2014.

On a per-share basis, profit at the property and engineering group came to 16 Singapore cents, for the year ended December 2015.

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