SINGAPORE (Nov 14): ST Engineering reported a 5.3% increase in 3Q18 earnings to $134.6 million, compared to $127.8 million in 3Q17.

This brings 9M18 earnings to $369.8 million, 10.5% higher than $334.5 million in 9M17.

During the quarter, revenue rose 1% to $1.63 billion from $1.61 billion last year, mainly due to higher contributions from the group’s Aerospace and Electronics sector, but partially offset by declines from its Land Systems, Maine and Others sectors.

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