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ST Engineering posts 3.8% higher earnings of $274.4 mil for 2HFY2021; proposes final dividend of 10 cents a share

Felicia Tan
Felicia Tan2/25/2022 07:34 AM GMT+08  • 4 min read
ST Engineering posts 3.8% higher earnings of $274.4 mil for 2HFY2021; proposes final dividend of 10 cents a share
On Feb 24, the board approved a dividend policy to declare dividends every quarter.
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Singapore Technologies Engineering (ST Engineering) has reported earnings of $274.4 million for the 2HFY2021 ended December, 3.8% higher than earnings of $264.4 million in the same period the year before.

2HFY2021 revenue grew 12.7% y-o-y to $4.04 billion due to broad-based revenue growth in the group’s segments.

Revenue for ST Engineering’s commercial aerospace segment rose 25% y-o-y to $1.33 billion on the back of continued business recovery.

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