land systems

Contracts

ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q

SINGAPORE (Apr 20): Singapore Technologies Engineering (ST Engineering) has announced new contracts worth about $1.6 billion won by its aerospace and electronics sectors in 1Q2020.

Tech

ST Engineering partners BYD for new autonomous bus platform

SINGAPORE (Mar 21): ST Engineering has signed a memorandum of understanding (MoU) with BYD to include the Chinese automobile manufacturer’s electric buses in its Land Systems arm’s portfolio of aut

ST Engineering wins $585 mil in contracts; injects capital through electronics & land systems arms

SINGAPORE (Oct 24): ST Engineering's electronics arm, ST Electronics, has secured about $585 million worth of contracts in 3Q across various segments.

Results

ST Engineering posts 6% decline in 1Q earnings to $103 mil

SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.

Results

ST Engineering’s FY16 earnings dip 8% to $484.5 mil on one-off charge

SINGAPORE (Feb 16): ST Engineering posted $484.5 million in earnings for the full year ended Dec 2016, 8% down from its profit of $529 million a year ago.

Results

ST Engineering’s 3Q earnings fall 42% to $76.7 mil on one-off impairment charge

SINGAPORE (Nov 10): ST Engineering, the engineering solutions provider, posted a 42% decline in 3Q16 earnings to $76.7 million from $133.3 million a year ago.

Broker's Calls

ST Engineering remains attractive despite impairment loss

SINGAPORE (Oct 19): UOB Kay Hian is maintaining its “buy” call on ST Engineering (STE) with a target price of $3.40 despite a one-off impairment loss of $61 million.

Broker's Calls

ST Engineering new CEO's laser-focus a good thing

SINGAPORE (Oct 14): CIMB has maintained its “add” call on ST Engineering with a target price of $3.60 as new CEO Vincent Chong seeks to divest non-performing businesses at a faster pace but remains

ST Engineering’s land systems division makes capital injection into Brazilian manufacturing unit

SINGAPORE (Sept 15): ST Engineering said on Thursday that two subsidiaries of its land systems business, ST Kinetics, have injected a total of BRL 8 million ($3.3 million) into the capital of LeeBo

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