SGX:S63Aerospace & Defense
The Bull Case For Singapore Technologies Engineering (SGX:S63) Could Change Following Rising Sales But Weaker Profits
Singapore Technologies Engineering Ltd has released its full-year 2025 results, reporting sales of S$12,346.43 million, up from S$11,275.66 million a year earlier, while net income declined to S$462.77 million from S$702.26 million.
The mix of higher revenue but sharply lower profitability raises questions about cost pressures, business mix, and how resilient the company’s earnings engine really is.
We’ll now examine how this combination of rising sales and weaker net income reshapes...