ST Engineering expects positive H2 net profit
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ST Engineering anticipates a positive net profit for H2 2025, following a strong performance across its business segments. For the nine months ending September 30, revenue rose 9% year-on-year to S$9.1 billion, with notable growth in commercial aerospace, defense, and urban solutions. The company proposed a special dividend of S$0.05 per share, totaling S$156 million, as part of its cash proceeds from divestments. If approved, the total dividend for FY2025 will be S$0.23 per share. Shares closed at S$8.37 before the announcement.
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