The Business Times
business-time-50

ST Engineering H1 earnings up 19.7% at S$402.8 million on back of defence demand in Europe, Middle East

The technology, defence and engineering group declares an interim dividend of S$0.04 per share for Q2, to be paid on Sep 5

Summarise
google-preferred-sourceAdd BT as a preferred source
Jude Chan
Young Zhan Heng

Jude Chan &

Young Zhan Heng

Published Thu, Aug 14, 2025 · 09:02 AM
    • The group says the impact of the trade tariffs imposed by the US on its first-half results was immaterial because mitigation measures were implemented.
    • The group says the impact of the trade tariffs imposed by the US on its first-half results was immaterial because mitigation measures were implemented. PHOTO: BT FILE

    [SINGAPORE] Singapore Technologies Engineering (ST Engineering) on Thursday (Aug 14) posted a 19.7 per cent increase in net profit to S$402.8 million for the first half-year ended June, up from S$336.5 million in the year-ago period.

    This was driven by revenue growth, primarily from its commercial aerospace, and also its defence and public-security business segments, despite negative impact from foreign currency exchange and the US tariffs.

    Earnings per share rose in tandem to S$0.1293 for H1, up from S$0.108 previously.

    ST EngineeringFinancial resultsCorporate earnings

    TRENDING NOW

    Why is Apac poised to become such a significant market for aviation?

    Asia-Pacific aviation: is up really the only way?

    Russian President Vladimir Putin (right) meeting Myanmar President Min Aung Hlaing (left) at the Grand Kremlin Palace in Moscow on Aug 18.

    Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies

    Professional oversight can help investors avoid emotion-led decisions, shares Chew Mun Yew, managing director and head of UOB Private Bank.

    Why disciplined stewardship matters when managing wealth in uncertain markets

    The programme aims to equip accountancy and corporate finance workers with practical skills to use AI effectively and responsibly.

    More than 15,000 sign up for national accounting body’s AI programme in two months

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More