SINGAPORE (Feb 24): ST Engineering reported earnings of $169.5 million for 4QFY2019 ended December, some 36.2% higher than earnings of $124.5 million a year ago. 

As a result, the group’s full-year earnings was lifted to $577.9 million, a 16.9% increase from FY2018’s earnings of $494.2 million. 

Revenue for the quarter saw a 29% spike to $2.29 billion from $1.77 billion in 4QFY2018 due to stronger contributions across most of the group’s segments, as well as contributions from its recent acquisitions. 

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