Singapore, 14 August 2015 – Singapore Technologies Engineering Ltd (ST Engineering) announced today financial results for its second quarter ended 30 June 2015 (2Q2015). Group revenue was $1.55b compared to $1.59b in the same quarter last year, and profit before tax (PBT) was $158.5m compared to $163.7m. Net profit after tax (Net Profit) was 6% down at $125.0m versus $133.2m.
New Contracts for 2Q2015
- $920m was from the Aerospace sector
- $424m from the Electronics sector.
The board has announced an interim ordinary dividend of 5 cents per ordinary share.
It will be paid on 3rd September 2015.