ST Engineering's third quarter net profit rises 9%
SINGAPORE Technologies Engineering's third quarter net profit rose by 9 per cent to $146.4 million on the back of better performance in the electronics and land systems sectors.
Revenue in the three months to Sept 30 increased by 11 per cent to $1.54 billion.
Quarterly earnings per share stood at 4.77 cents, compared with 4.39 cents a year earlier, while net asset value per share came in at 55.19 cents, up from 52.96 cents as at the same period last year.
ST Engineering's shares closed up one cent at $3.60 today.