SINGAPORE (Feb 22): United Engineers posts a 36% drop in earnings to S$89.6 million for the full year ended December, from S$140.6 million a year ago.
This was due to the absence of contributions from discontinued operations, which accounted for earnings of S$113.2 million a year ago.
Excluding discontinued operations, UE’s earnings would have more than...(click on link for full story on theedgesingapore.com)