ST Engineering's Q4 earnings rise 21% to S$170.4m

Singapore

SINGAPORE Technologies Engineering (ST Engg) recorded a fourth-quarter net profit growth of 21 per cent to S$170.4 million from S$140.8 million a year ago.

Revenue for the three months ended Dec 31 grew 2.3 per cent to S$1.82 billion, from S$1.78 billion for the previous corresponding period. The company's profit before tax (PBT) grew 10 per cent year-on-year to S$183.3 million from S$166.6 million for the quarter.