ST Engineering's 1QFY2026 earnings up by more than 15% y-o-y

The Edge Singapore

05/17

ST Engineering's order book reached $34.5 billion as of MarchSingapore Technologies Engineering's 1QFY2026 revenue was up 11% y-o-y to $3.26 billion, with "strong" growth across its various segments. ...

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Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ST Engineering's order book reached $34.5 billion as of MarchSingapore Technologies Engineering's 1QFY2026 revenue was up 11% y-o-y to $3.26 billion, with \"strong\" growth across its various segments.\n...</p>\n\n<a 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excluded, the \"rebased\" growth would have been 15% y-o-y.\nEarnings growth in 1QFY2026, according to the company in this business update, \"outperformed\" rebased revenue growth.\nThe company plans to pay an interim dividend of four cents per share for 1QFY2026.\nST Engineering's defence and public security segment, which has been enjoying strong momentum in new orders won, was the largest revenue contributor with an increase of 7% to $1.41 billion.\nIf LeeBoy was excluded, the jump was 13%. Under this segment, the company is gunning for \"opportunities\" in contracts such as a contract to build frigates for Thailand.\nCommercial aerospace in the same period was up 15% to $1.32 billion, a record for this period of the year, while the urban solutions and satcom segment was up 18% to $525 million.\nThe company won $4.8 billion in new orders in 1QFY2026, bringing its total order book to $34.5 billion, a record, with $8 billion worth to be delivered by the end of FY2026.\nST Engineering shares closed at $10.37 on May 15, down 1.43% but up 23.31% year to date.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}