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ST Engineering expects FY2020 revenue to fall 5-15%

Fall in customer demand and supply chain disruptions mitigated by diversified revenue streams and robust order book

Vivienne Tay

Vivienne Tay

Published Fri, May 15, 2020 · 09:50 PM

Singapore

SINGAPORE Technologies Engineering (ST Engineering) on Friday said it expects its revenue for the full year ending Dec 31, 2020 to be between 5 per cent and 15 per cent lower compared to fiscal 2019.

The company was providing a business update to investors for its first quarter ended March 31, 2020.

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