ST Engg posts flat Q4 profit of S$140.8m
It proposes final dividend of 10 cents for 2015
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Singapore
SINGAPORE Technologies (ST) Engineering on Friday reported net profit of S$140.8 million for the fourth quarter ended Dec 31, 2015, compared to S$140.3 million for the year-ago period. This came on the back of a 3.78 per cent fall in revenue to S$1.78 billion, compared to S$1.85 billion one year ago.
For the full year, net profit was down 0.5 per cent to S$529.04 million, from S$532 million in 2014. Revenue for the year fell 3.1 per cent to S$6.33 billion, from S$6.54 billion one year ago.
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