Singapore Technologies Engineering ( (SGGKF) ) has released its Q2 earnings. Here is a breakdown of the information Singapore Technologies Engineering presented to its investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Singapore Technologies Engineering Ltd, a prominent player in the aerospace, electronics, land systems, and marine sectors, has reported its financial results for the first half of 2025, showcasing its diverse capabilities in engineering and technology solutions.
The company has demonstrated a solid performance in the first half of 2025, with a notable increase in revenue and profitability across its various business segments. The revenue for the period reached SGD 5.92 billion, marking a 7% increase compared to the same period last year, driven by growth in all major segments including Commercial Aerospace, Defence & Public Security, and Urban Solutions & Satcom.
Key financial highlights include a 19.7% increase in net profit to SGD 402.8 million, attributed to strong earnings before interest and tax (EBIT) growth of 15% and effective cost management. The Commercial Aerospace segment saw an 18% rise in EBIT, while Defence & Public Security and Urban Solutions & Satcom also reported significant EBIT improvements. The company’s strategic divestments and focus on core businesses have contributed to its robust financial health.
Looking ahead, Singapore Technologies Engineering remains committed to executing its growth strategy while navigating the dynamic global market environment. The company’s strong order book and strategic initiatives are expected to support continued revenue visibility and business resilience in the coming periods.