Back 09 May 2025

ST Engineering posts 8% rise in Q1 revenue to $2.9 billion as contract wins surge ​  

Summary: ST Engineering reported an 8% increase in Q1 revenue to $2.9 billion, driven by strong growth in its defense and public security segment. The company secured $4.4 billion in contracts, bringing its order book to $29.8 billion. Despite potential recession and inflation risks, the group remains resilient due to its diverse business portfolio.

Link: https://www.straitstimes.com/business/companies-markets/st-engineering-posts-8-rise-in-q1-revenue-to-2-9-billion-as-contract-wins-surge