ST Engineering Q3 revenue rises 9% to $3.4 billion, declares interim dividend of 5 cents per share
Order book hits record $37.7 billion as at end-September, up from $33.2 billion as at end-2025.
ST Engineering reported a 9% increase in revenue for Q3, reaching $3.4 billion, from $3.1 billion in the previous period. The company declared a dividend of 5 cents per share, up from 4 cents in the prior quarter. Total revenue for the first nine months rose 10% to $10 billion, up from $9.1 billion a year earlier. Defence and public security was the largest revenue contributor, generating $4.3 billion, up 7% year on year.
Marine and digital systems, as well as cybersecurity, saw significant growth, with new contracts worth $5.5 billion. In commercial aerospace, revenue grew 12% to about $4.1 billion, with $4.2 billion in new contracts. Urban solutions and satellite communications revenue increased 15% to about $1.7 billion, with $3.5 billion in new contracts.
Overall, the group secured $13.2 billion in new contracts in the first nine months, excluding a $1.7 billion New Jersey Turnpike Authority order. ST Engineering also explored long-term opportunities in the nuclear energy sector, partnering with various organizations in complex, safe, and mission-critical environments. Shares of ST Engineering closed at $9.76 on Nov 12.
Written by urgent.news from Straits Times Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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