SGX:S63Aerospace & Defense
Singapore Technologies Engineering (SGX:S63) Stock Revenue Climbs While Margins Thin
Singapore Technologies Engineering stock went into this earnings print stuck in neutral, with the share price roughly flat over 3 months and closing at SGD10.36 on 13 August. The results put one issue squarely in front of investors. Net profit margins over the past year sat at 4.4%, compared with 6.6% a year earlier, while a one off loss of SGD301.4m still hangs over the trailing numbers. The question now is whether today’s muted price action reflects calm judgment or complacency about...