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ST Engineering First-Half Earnings Up 19.7% to $402.8m
August 15, 2025
|The Straits Times
Singapore Technologies Engineering (ST Engineering) on Aug 14 posted a 19.7 per cent increase in net profit to $402.8 million for the first half-year ended June, up from $336.5 million in the year-ago period.
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This was driven by revenue growth primarily from its commercial aerospace and defence and public security business segments, despite negative impact from foreign currency exchange and US tariffs.
Earnings per share rose in tandem to 12.93 cents for the first half-year, up from 10.8 cents in the year-ago period.
Revenue increased 7.2 per cent to $5.9 billion, up from $5.5 billion previously.
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