$ST Engineering(S63.SI)$
Singapore Technologies Engineering (ST Engineering) has reported a total revenue of $2.9 billion for the 1QFY2025 ended March 31, 8% higher y-o-y.
Defence and public security revenue surged by 18% y-o-y to $1.32 billion as it saw growth across all sub-segments, supported by project timing.
Commercial aerospace revenue inched up by 0.1% y-o-y to $1.15 billion due to the high base in 1QFY2024, which saw a 32% y-o-y surge in revenue.
Urban solutions & satcom increased by 4% y-o-y to $446 million
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