ST Engineering H2 profit rises 19.9% to S$305.9 million
SINGAPORE Technologies Engineering’s (ST Engineering) net profit for the second half ended Dec 31, 2023, rose 19.9 per cent to S$305.9 million...
10 Singapore stocks to watch in 2024
GLOBAL markets are seeing a tinge of optimism heading into 2024. The signs are pointing to an easing of interest rate hikes...
ST Engineering unit wins contract to upgrade Singapore navy frigates
ST ENGINEERING, through its subsidiary ST Engineering Marine, has won a contract from Singapore’s Ministry of Defence to upgrade the navy’s formidable-class...
ST Engineering to acquire D’Crypt from StarHub unit for at least S$67.5 million
ST ENGINEERING will acquire cryptographic technology company D’Crypt from an indirect subsidiary of StarHub, both parties said separately on Wednesday (Dec 13).
SPTel partnership appointed to build nationwide quantum-safe network
A JOINT partnership between SPTel and SpeQtral was selected by the Infocomm Media Development Authority of Singapore to build Singapore’s first nationwide...
ST Engineering’s Q3 revenue up 9% to S$2.4 billion; interim dividend at S$0.04 per share
TECHNOLOGY and engineering group ST Engineering reported a 9 per cent increase in revenue to S$2.4 billion for the third quarter ended...
ST Engineering-led consortium to build Abu Dhabi’s integrated transport management platform
A CONSORTIUM led by ST Engineering Urban Solutions has been awarded a contract by Abu Dhabi’s Integrated Transport Centre (ITC) to design...
Brokers’ take: RHB cuts ST Engineering target on rising capex; positive on debt profile
RHB on Monday (Oct 9) lowered its target price on ST Engineering on expectations that capital expenditure from the defence and engineering...
Brokers’ take: Phillip Securities initiates ‘buy’ on ST Engineering as defence spending rises
PHILLIP Securities has initiated coverage on ST Engineering with a “buy” recommendation and target price of S$4.50, as it expects defence spending...
Brokers’ take: Analysts raise target price for ST Engineering on better profit outlook
RESEARCH houses have raised their target price for ST Engineering following the release of the company’s half-year financial statement.