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Thread: Singapore Technologies Engineering Ltd (SGX:S63)

  1. #1
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    Singapore Technologies Engineering Ltd (SGX:S63)

    Singapore Technologies Engineering Ltd is an investment holding company engaged in the provision of engineering and related services. The Companys segments include the Aerospace, Electronics, Land Systems and Marine sectors. Aerospace segment provides a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul; engineering design and technical services; and aviation materials and management services. Electronics segment delivers system solutions to government, commercial, defense, and industrial customers across the world. Land Systems deliver integrated land systems, specialty vehicles and their related through life support for defense, homeland security and commercial applications. Marine segment provides turnkey building, repair and conversion services for a wide spectrum of naval and commercial vessels.

    Official website: www.stengg.com

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    Singapore Technologies Engineering reported 1Q15 net profit of $130 million, a 5.3 percent decline compared to $137.2 million a year ago. Revenue fell by a marginal 2.6 percent to $1.5 billion due to lower shipbuilding revenue from both local and US operations. The group expects 1H15 revenue to be comparable, while profit before tax is expected to be lower than that of 1H14. The firm’s order book stood at $12.2 billion as at end-1Q15, of which it expects to deliver $3 billion of orders in the remaining months of 2015.

    Source: Shares Investment

  3. #3

    Singapore Technologies Engineering Ltd SGX S63

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