industry downturn
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ST Aero sees 39% drop in H1 profit
ST Aerospace cited “sporadic reduction of work by customers†and “strong competition†as effects of the industry downturn which saw it post a net profi t for the first half of 2009 down 39 per cent year-on-year to S$60.9 million (US$42.5 mil…
01 September 2009
