SIA Engineering posted a group profit of S$41.3 million (30.2 million) in the first quarter of 2015-16. Revenue was S$277.3 million, down 5.7% from the same period, prior year. Profit was down S$12.2 million or 22.8%. Revenue dropped primarily due to lower airframe component and overhaul revenue. Contributions from the engine repair and overhaul centers at S$11.2 million were $7.9 million or 41.4% lower than the same period last ...

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