Asia/Pacific

SIAEC reports sharp decline in operating profits

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SIAEC reports sharp decline in operating profits

SIA Engineering (SIAEC) has reported a sharp decline of 28% in operating profits for its 2018 full year financial results. The group posted S$56.8 million (approximately $41.6 million) for the year ending 31 March 2019. SIAEC's revenue for the year also dropped 6.8% to S$1.02 billion, a decrease of...

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