ST Engineering (SGX:S63) booked a 9% year over year increase in its revenue to SG$9.1 billion for nine months ended Sept. 30, according to a Wednesday filing with the Singapore Exchange.
Revenue was driven by a 11% increase in the engine MRO and nacelles growth, while the revenue for defense and public safety security was up 9%.
In Q3, revenue was up 13% year over year to SG$3.1 billion.
During the January till September period, the company secured contracts worth SG$14 billion.
Meanwhile, the board declared an interim dividend of SG$0.04 per share for the third quarter, which will be paid on Dec. 5.