United Engineers full-year net profit falls 36% on weaker revenue

Singapore

UNITED Engineers, which has businesses in property development and engineering services, on Monday posted a 36 per cent fall in full-year net profit on weaker revenue.

Net profit for the 12 months ended Dec 31, 2018 stood at S$55.76 million, compared with a restated net profit of S$87.18 million posted the same period a year ago.