Tuesday, April 1st, 2025

Tag: ST Engineering

Market UpdatesSingapore SGX stocksstock of the day

ST Engineering Rides Global Defence Wave with Record Growth, Rising Valuation, and Bold Targets

minichart
March 27, 2025

With a share price rally of 42.8% year-to-date, ST Engineering (SGX:S63) is now the Straits Times Index’s top performer. Behind the gains is a story of strategic transformation, smart positioning amid global defence rearmament,...

Continue Reading 0
Market UpdatesSingapore SGX stocks

ST Engineering’s Growth Trajectory: Slight Beat in 2024 Results with Strong Orderbook Backing

minichart
February 27, 2025

2024 Performance Overview:Singapore Technologies Engineering (STE SP) posted a core net profit of S$681 million for 2024, reflecting a 23% year-on-year (yoy) increase, slightly exceeding expectations at 102.3% of the full-year forecast. The better-than-expected...

Continue Reading 0