Industry Addendum
ST Engineering delivers healthy first quarter profit
June 1st 2018
Singapore Technologies Engineering has achieved higher year-on-year revenue and a net profit for its first fiscal quarter for 2018. Read More » Group revenue was improved by nine per cent, to $1.65 billion, and net profit increased by 18%, to S$117.7 million, over the same months a year ago.
The group’s aerospace sector recorded new orders valued at S$510 million for services ranging from airline heavy maintenance support and cabin reconfigurations to engine wash services.