"This winning streak has continued in 2025, as it has clinched aircraft engine maintenance, repair, and overhaul (MRO) contracts with two major Middle East operators," he adds.
Shekhar Jaiswal of RHB Bank Singapore has kept his "buy" call and $5.20 target price on Singapore Technologies Engineering (SGX:S63
) ahead of its FY2024 earnings announcement.
In his Feb 18 note, Jaiswal notes that the company has announced $4.3 billion worth of new orders won in 4QFY2024.
