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ST Engineering reports 11% higher 1Q earnings of $117.7 mil; order book hits record $14.1 bil

PC Lee
PC Lee5/15/2019 07:41 AM GMT+08  • 3 min read
ST Engineering reports 11% higher 1Q earnings of $117.7 mil; order book hits record $14.1 bil
SINGAPORE (May 15): ST Engineering, the technology, defence and engineering group, reported 1Q19 earnings of $131.1 million, 11% higher from earnings of $117.7 million a year ago in 1Q18.
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SINGAPORE (May 15): ST Engineering, the technology, defence and engineering group, reported 1Q19 earnings of $131.1 million, 11% higher from earnings of $117.7 million a year ago in 1Q18.

Basic earnings per share for 1Q19 stood at 4.20 cents compared to 3.78 cents a year ago.

Group revenue increased 5% to $1.73 billion from $1.65 billion while profit before tax (PBT) of $159.9 million was 11% higher from $144 million a year ago.

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