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UE net profit falls 76% to S$11m in Q2

Singapore

UNITED Engineers (UE) on Monday posted a second-quarter net profit of S$11 million, down 76 per cent from S$45.4 million last year as revenue fell 23 per cent to S$96.2 million.

This was mainly attributable to lower revenue from property development, and the absence of...

sentifi.com

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