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

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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.

 

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