SUBSCRIBERS

ST Engineering Q3 revenue up 14% at S$2.8 billion; interim dividend at S$0.04 per share

It has S$8.3 billion worth of new contracts as at the end of September

 Tay Peck Gek
Chong Xin Wei
Published Mon, Nov 18, 2024 · 08:29 AM — Updated Mon, Nov 18, 2024 · 02:58 PM
    • ST Engineering's revenue growth comes amid higher contributions from its defence and public security, as well as commerical aerospace sectors.
    • ST Engineering's revenue growth comes amid higher contributions from its defence and public security, as well as commerical aerospace sectors. PHOTO: BT FILE

    ST ENGINEERING’S revenue for the third quarter ended September rose 14 per cent to S$2.8 billion, from S$2.4 billion in the previous corresponding period.

    The technology and engineering group also proposed a third-quarter interim dividend of S$0.04 per share, unchanged from the previous year.

    For the nine months ended September, ST Engineering’s revenue amounted to S$8.3 billion, or 14 per cent higher than the S$7.3 billion in the same period a year earlier.

    Copyright SPH Media. All rights reserved.