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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

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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

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    [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.

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