ST Aerospace revenue, profit slip in 1Q
ST Aerospace reported a first-quarter revenue of S$491 million ($357 million), down 2% from the same period a year ago. Profit attributable to shareholders was S$57.3 million, down 5% year-over-year. Airframe work brought in S$242.5 million, a 13.7% drop, while component revenue was S$150.2 million...
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