ST Aerospace 2Q revenue up, profit down

ST Aerospace posted second-quarter revenue of S$539 million ($431 million), up 6% from the year-ago period. Profit was S$55.4 million in the quarter, down 15% year-over-year. Airframe work was up 2% to S$296 million. Component work accounted for S$154 million, up 11%. Engine and material business...

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