ST Aerospace 1Q profit grows, despite drop in European revenue

[CORRECTED] ST Aerospace brought in revenue of S$503 million ($401.8 million) in the first quarter, compared to S$479 million in the year-ago quarter. European revenue plummeted 59% while Asia and US business increased 12% and 15%, respectively. First-quarter profit before tax was S$74.7 million, up...

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