Asia/Pacific

SIA Engineering reports 61% lower net profit at $12.8 million as wage support ends

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SIA Engineering reports 61% lower net profit at $12.8 million as wage support ends

SIA Engineering recorded a net profit of $12.8 million down 61.4% from S$33.2 million in the same period last year as the Group continued its recovery with increased flight activities. Excluding last year’s wage support and one- time write-back of tax provision, Group performance improved $19.8 mi...

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