ST Aerospace Posts Q2 Profit Of $38.4 Million

Asia-Pacific Staff
SINGAPORE

ST Aerospace has reported a profit of S$51.9 million ($38.4 million) for the quarter to the end of June, a small 5.4% increase from a year ago, saying that while there is good pick up in the general airline business, it will be some time before the uptrend trickles down to the MRO industry.

Revenue for the three months of the second quarter from April to June was just 0.6% higher than a year earlier, at ...

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