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ST Engineering Reports Comparable Year-on-Year 9M15 Net Profits

Shares Investment

Singapore Technologies Engineering (ST Engineering) reported 9M15 net profit of $388.2 million, a mere 0.9 percent dip from last year, with revenue dropping 2.9 percent.

Revenue dropped to $4.6 billion with Aerospace and Land Systems sectors posting comparable revenue, Electronics sector reporting a 9 percent increase but was offset by the Marine sector, which experienced a 27 percent decrease in revenue received.



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