{
  "id": 713298,
  "title": "ST Engineering H1 net profit rises 27.1% to S$512.1 million on strong segment growth",
  "url": "https://urgent.news/2026/08/13/st-engineering-h1-net-profit-rises-27-1-to-s-512-1-million-on-strong",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T00:05:55.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/st-engineering-h1-net-profit-rises-27-1-s512-1-million-strong-segment-growth"
  },
  "original_language": "en",
  "account": "ST Engineering reported a 27.1 per cent increase in net profit to S$512.1 million for its first half, ending June 30, 2026, compared to S$402.8 million in the same period last year. This growth was attributed to robust performance across all business segments, reflecting a more favorable business mix. Earnings per share rose to S$0.1643 from S$0.1293 for the same period. Revenue for the half-year period increased by 11.1 per cent to S$6.57 billion, up from S$5.92 billion a year earlier. When excluding prior-year divestments Leeboy and CityCab, revenue grew by 14 per cent. The company declared an interim dividend of S$0.05 per share for the second quarter, an increase from S$0.04 the previous year, payable on September 4. ST Engineering currently has an order book valued at $35.7 billion, with expectations of delivering approximately $5.7 billion from this order book in the remaining months of 2026. The group announced its intention to pay another interim dividend of S$0.05 per share for the third quarter.",
  "summary": "An interim dividend of S$0.05 per share was declared for the second quarter",
  "key_points": [
    "ST Engineering's H1 net profit rose 27.1% to S$512.1 million.",
    "Revenue increased 11.1% to S$6.57 billion, up from S$5.92 billion.",
    "Interim dividend increased to S$0.05 per share, payable on September 4."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}