ST Engineering (SGX:S63) secured contracts worth SG$4.9 billion during the third quarter of the year, according to a Thursday filing with the Singapore Exchange.
Shares of the company were up over 1% in Friday trading.
The contracts comprised SG$1.4 billion from the commercial aerospace segment, SG$2.4 billion from defense & public security and SG$1.1 billion from urban solutions & sitcom.
Total contracts secured for the nine months ended Sept. 30 stand at around SG$14 billion.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.