SIAEC Group posted a profit attributable to owners of the parent of $60.5m for the quarter ended 31st December 2013. During the quarter, revenue increased by $5.6m or 2.0% to $283.8m, while expenditure grew at a higher rate of 4.7% or $11.6m. As a consequence, operating profit of $25.2m was $6.0m lower than that for the same quarter last year. The increase in expenditure was mainly from staff costs, subcontract and material costs. There was also a smaller exchange gain of $0.1m in the current period as compared to a gain of $1.6m in the third quarter of last year.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada