In its 3QFY2020 business update released on Nov 18, Singapore Technologies Engineering (ST Engineering) says it expects its revenue for the FY2020 to be “close to the midpoint” of its expected 5% to 15% decline from its figures posted in FY2019.

The company posted its revenue guidance previously on Aug 14, 2020.

During the quarter, its Aerospace and Electronics sectors secured a total of $1.7 billion worth of new orders.

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