ST Engineering Expected to Deliver Strong 2H Earnings

Dow Jones

Feb 07, 2025

0436 GMT - Singapore Technologies Engineering is projected to post strong 2H earnings, say CGS International analysts in a note. The engineering and technology group's 2H revenue is expected to be S$5.9 billion, up 13% on year, they write. Key drivers include its commercial aerospace segment, which is likely to see healthy growth due to higher maintenance, repair and operations, they say. The company also reported solid 4Q order wins of S$4.3 billion, they note. CGS International expects ST Engineering to report quarterly order wins two to three weeks before its earnings results are due later this month to give investors more insight into its operations. The brokerage maintains an add rating on the stock and a target price of S$5.30. Shares are currently at S$5.03. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

February 06, 2025 23:36 ET (04:36 GMT)

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The engineering and technology group's 2H revenue is expected to be S$5.9 billion, up 13% on year, they write. Key drivers include its commercial aerospace segment, which is likely to see healthy growth due to higher maintenance, repair and operations, they say. The company also reported solid 4Q order wins of S$4.3 billion, they note. CGS International expects ST Engineering to report quarterly order wins two to three weeks before its earnings results are due later this month to give investors more insight into its operations. The brokerage maintains an add rating on the stock and a target price of S$5.30. Shares are currently at S$5.03. (amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 23:36 ET (04:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ST Engineering Expected to Deliver Strong 2H Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nST Engineering Expected to Deliver Strong 2H Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-07 12:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0436 GMT - Singapore Technologies Engineering is projected to post strong 2H earnings, say CGS International analysts in a note. The engineering and technology group's 2H revenue is expected to be S$5.9 billion, up 13% on year, they write. Key drivers include its commercial aerospace segment, which is likely to see healthy growth due to higher maintenance, repair and operations, they say. The company also reported solid 4Q order wins of S$4.3 billion, they note. CGS International expects ST Engineering to report quarterly order wins two to three weeks before its earnings results are due later this month to give investors more insight into its operations. The brokerage maintains an add rating on the stock and a target price of S$5.30. Shares are currently at S$5.03. (amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 06, 2025 23:36 ET (04:36 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"S63.SI","symbol_name":"新科工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2509777750","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509777750","pubTimestamp":1738902960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0436 GMT - Singapore Technologies Engineering is projected to post strong 2H earnings, say CGS International analysts in a note. The engineering and technology group's 2H revenue is expected to be S$5.9 billion, up 13% on year, they write. Key drivers include its commercial aerospace segment, which is likely to see healthy growth due to higher maintenance, repair and operations, they say. The company also reported solid 4Q order wins of S$4.3 billion, they note. CGS International expects ST Engineering to report quarterly order wins two to three weeks before its earnings results are due later this month to give investors more insight into its operations. The brokerage maintains an add rating on the stock and a target price of S$5.30. Shares are currently at S$5.03. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"S63.SI":"新科工程"},"translate_title":"ST Engineering预计下半年盈利强劲","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S63.SI":1},"content_text":"0436 GMT - Singapore Technologies Engineering is projected to post strong 2H earnings, say CGS International analysts in a note. The engineering and technology group's 2H revenue is expected to be S$5.9 billion, up 13% on year, they write. Key drivers include its commercial aerospace segment, which is likely to see healthy growth due to higher maintenance, repair and operations, they say. The company also reported solid 4Q order wins of S$4.3 billion, they note. CGS International expects ST Engineering to report quarterly order wins two to three weeks before its earnings results are due later this month to give investors more insight into its operations. The brokerage maintains an add rating on the stock and a target price of S$5.30. Shares are currently at S$5.03. (amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 06, 2025 23:36 ET (04:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}