ST Aerospace 2Q profit holds steady, despite big European drop

ST Aerospace posted a second-quarter net profit of S$67.1 million ($53 million), down 1% year-over-year. Revenue was $S507.7 million in the June quarter, up 3% compared to the prior year period. Airframe maintenance revenue was $S289.8 million in the second quarter, up 8%. Component work brought in...

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