ST Engineering Q4 profit drops 26% to S$124.5m after one-off charges

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

SINGAPORE Technologies (ST) Engineering reported a 26 per cent drop in net profit to S$124.5 million for its fourth quarter from S$160.5 million a year ago, after one-off pre-tax charges of S$25 million related to portfolio rationalisation and its acquisition of General Electric's MRA Systems. Read more at The Business Times.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ST Engineering in joint venture with DSO for satellite analytics, new space technologiesSINGAPORE Technologies Engineering's (ST Engineering) electronics arm has signed an agreement with DSO National Laboratories (DSO) to set up a joint venture company (JV). Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

ST Engineering, DSO joint venture to offer data analytics based on satellite imagerySINGAPORE: Singapore Technologies (ST) Engineering announced on Thursday (Feb 14) that it will set up a joint venture company with DSO ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

ST Engineering, DSO set up JV in satellite analyticsST Engineering is setting up a joint venture company with DSO National Laboratories with an eye on unlocking new business opportunities through the latest advancements in satellite technology, the company announced on Thursday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Daily Debrief: What Happened TodayEDB expects Singapore to attract S$8b to S$10b in fixed asset investment in 2019; ST Engineering in joint venture with DSO for satellite analytics, new space technologies at
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Wall St opens lower on weak retail sales data[NEW YORK] US stocks opened lower on Thursday, as a surprise drop in retail sales in December suggested a sharp slowdown in economic activity at the end of 2018, overshadowing hopes of a breakthrough in the US-China trade talks. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

US: Wall St opens lower as US-China trade talks resume[NEW YORK] US stocks opened lower on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and China. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore shares open higher on Wednesday, ST up 0.4% to 3,273.99SINGAPORE shares open higher on Wednesday, with the Straits Times Index gaining 0.44 per cent, or 14.19 points to 3,273.99 as at 9.01am. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »