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ST Aero Overcomes Revenue Fall To Post Higher Profit
August 22, 2012
SINGAPORE — Singapore Technologies Aerospace (ST Aero) has posted a 15% rise in net profit for the second quarter due to an increase in aircraft maintenance and modification work. While net profit rose 15% to S$66 million ($53 million) from S$58 million, total revenue actually fell 2% for the period...
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