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Boustead Singapore's Q4 earnings fall 8%

Published on May 26, 2014 8:32 PM

ENGINEERING and technology group Boustead Singapore on Monday said fourth quarter net profit fell 8 per cent to $25.5 million.

The bottom line was dragged down by lower income from its water and wastewater engineering, real estate solutions and geo-spatial technology divisions.

Revenue in the three months to March 31 slipped 3 per cent to $142 million.

Boustead provides infrastructure-related engineering services and geo-spatial technology.

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