ST Aero Sees Strong Competition
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By Lee Ann Tegtmeier
ST Aerospace translated 9% greater revenue, improved margins and lower financial expenses into a 53% higher profit before taxes, or SING$60.9 million (US$42.5 million), for the second quarter, compared to the first. More Boeing 757 freighter conversion redeliveries and milestone completions for its engineering and materials services contributed to the growth....
ST Aero Sees Strong Competition