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ST Engineering posts 18.1% rise in Q1 revenue to S$2.7 billion

Group has declared an interim dividend of S$0.04 per share for the period; digital business on track to exceed 2026 revenue target

Benjamin Cher
Vivienne Tay

Benjamin Cher &

Vivienne Tay

Published Mon, May 13, 2024 · 08:44 AM
    • The group attributes the gain to higher contributions from its commercial aerospace as well as defence, and public security segments.
    • The group attributes the gain to higher contributions from its commercial aerospace as well as defence, and public security segments. PHOTO: BT FILE

    ST Engineering posted an 18.1 per cent rise in group revenue to S$2.7 billion for the first quarter ended Mar 31, 2024, it said in a business update.

    The group attributed the gain to higher contributions from its commercial aerospace as well as defence and public security segments, which recorded double-digit revenue growth.

    It has declared an interim dividend of S$0.04 per share for the quarter, payable on Jun 5 after the record date on May 23.

    ST EngineeringFinancial resultsAerospaceSatellitesDefence

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