tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Singapore Technologies Engineering Reports Strong H1 2025 Results

Singapore Technologies Engineering Reports Strong H1 2025 Results

Singapore Technologies Engineering ( (SGGKF) ) has released its Q2 earnings. Here is a breakdown of the information Singapore Technologies Engineering presented to its investors.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1