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ST Elect: Financial Results for Nine Months ended 30 September 1999
Date Published : 30/09/1999
News Type : Financial Results
For more information, contact : Wendy ONG | | | | "ST Elect on track to achieve better earnings" FINANCIAL HIGHLIGHTS
For the nine months ended
30 September 1999 | | | 1999
9 Months | 1998
9 Months | Growth
% | | Turnover ($m) | 234 | 238 | (2) | Investment, interest and
other income ($m) | 5.0 | 7.5 | (33) | | Profit before tax ($m) | 20.2 | 11.5 | 76 | Profit attributable to
shareholders before EI ($m) | 13.5 | 7.5 | 80 |
- Turnover decreased 2% to $234 million
- Investment, interest and other income was $5.0 million
- PBT increased 76% to $20.2 million and net profit increased 80% to $13.5 million
"We expect a better overall performance this year based on a firm project order book and
steady product sales for the remaining last quarter." Seah Moon Ming, President N.B.: All currencies are in Singapore dollars. |
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