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Aerospace: Results for the Quarter Ended 30 June 2016

Details on how the business of the Sector is managed and its related performance are set out below.  This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Aerospace
“Higher Revenue”

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2016 

 

2016
2Q

2015
2Q

Growth
%

Revenue ($m)

620

517

20

Earnings before interest and tax (EBIT) ($m)

62.4

61.0

2

Other income, net ($m)

5.2

1.0

410

Finance income/(costs), net ($m)

(2.9)

(0.9)

(221)

Profit before tax (PBT) ($m)

74.1

70.6

5

Profit attributable to shareholders ($m)

52.0

56.7

(8)

 
Economic Value Added for the first half of 2016 was $66.3 million
 

“The Sector continues to operate in a volatile landscape subdued by weak global economic conditions.  We remain focused on our long-term investments, productivity improvement programmes, at the same time, leveraging technologies which includes data analytics, to maintain competitiveness.

Our passenger-to-freighter conversions strategy is making good progress, with the award of the launch contract from DHL Express for the A330-300P2F programme at the start of 2H2016.”  ~Lim Serh Ghee, President

Aerospace 2Q2016 Unaudited Results 

N.B.: All currencies are in Singapore dollars.

 

 

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