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
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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.
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