ST Engineering 1H FY26 net profit climbs 27% to SGD 512 million; revenue rises 11% to SGD 6.57 billion
Reuters2026/08/12 22:14- ST Engineering posted 1H2026 net profit of SGD 512 million, up 27% year on year; revenue rose 11% to SGD 6.57 billion.
- EBIT climbed 23% to SGD 738 million; profit before tax increased 30% to SGD 651 million.
- Commercial Aerospace EBIT rose 29% to SGD 288 million on higher Engine MRO, nacelles and spares sales.
- Urban Solutions & Satcom EBIT widened to SGD 46 million from SGD 12 million; Satcom cost cuts delivered about SGD 63 million annualized savings.
- Order book stood at SGD 35.7 billion at June 30, 2026; interim dividend declared at 5.0 cents per share for 2Q2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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