Trade ST Engineering - S63sg CFD

ST Engineering Company profile

About Singapore Technologies Engineering Ltd

Singapore Technologies Engineering Ltd is a Singapore-based global technology, defense and engineering company. The Company's segments include Commercial Aerospace (CA), Urban Solutions & Satcom (USS), and Defence & Public Security (DPS). The CA segment includes airframe, engines and components maintenance, repair and overhaul, original equipment manufacturer (OEM) for nacelles, composite floorboard and passenger-to-freighter conversions and aviation asset management. The USS segment is engaged in smart mobility, smart utilities and infrastructure, urban environment solutions and satcom. The DPS segment is engaged in defense, public safety and security, critical information infrastructure solutions and others. The Company serves across Asia, Europe, the Middle East and the United States with customers in more than 100 countries. It owns TransCore, which provides technical solutions and engineering services for applications encompassing electronic toll collection.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Singapore Technologies Engineering Ltd revenues increased 7% to SP$7.69B. Net income increased 9% to SP$570.5M. Revenues reflect Defence & Public Security segment increase of 8% to SP$4.04B, Aerospace segment increase of 6% to SP$2.46B, Asia segment increase of 10% to SP$4.84B, Europe segment increase of 17% to SP$684.8M.