Yahoo Finance Singapore Technologies Engineering Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line
Singapore Technologies Engineering (SGX:S63) Full Year 2023 Results
Key Financial Results
Revenue: S$10.1b (up 12% from FY 2022).
Net income: S$586.5m (up 9.6% from FY 2022).
Profit margin: 5.8% (in line with FY 2022).
EPS: S$0.19 (up from S$0.17 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Singapore Technologies Engineering Revenues Beat Expectations
Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) was mostly in line with analyst estimates.
Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 18% growth forecast for the Aerospace & Defense industry in Asia.
Performance of the market in Singapore.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We don't want to rain on the parade too much, but we did also find 2 warning signs for Singapore Technologies Engineering that you need to be mindful of.
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