United Engineers' Q3 profits skyrocket tenfold to $84.84m

Submitted By:  Clarist Zablan Case Study:  No Bigger contributions from its property segments drove growth. United Engineers' saw its net profit surge tenfold YoY to $84.84m in Q3 from $7.68m in 2018, the company announced. Revenue jumped 38% YoY to $112.37m over the same period. For the first nine months of 2019, profit soared 264% to $100.9m, whilst revenue inched up 1% to $285.8m. read more