The company plans to pay an interim dividend of four cents per share.
Analysts have maintained their bullish views on Singapore Technologies Engineering after its 1QFY2026 business update indicating strong earnings growth momentum and better prospects of new contracts to add to an order book that is already at a record high of $34.5 billion.
For the three months to March, the company's revenue increased by 11% y-o-y to $3.26 billion, with growth across its various business segments. If contributions from a recently divested US construction machinery is disregarded, revenue would have grown by 15%. According to ST Engineering, earnings grew at a faster pace than revenue.
