Earnings Alerts

ST Engineering (STE) Earnings: 1H Net Income Soars to S$402.8 Million with Robust Revenue of S$5.92 Billion

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  • ST Engineering reported a net income of S$402.8 million for the first half of the year.
  • The company’s operating income reached S$562.9 million during this period.
  • ST Engineering generated a revenue of S$5.92 billion in the first half of the year.
  • Among analysts, there were 10 buy ratings, 4 hold ratings, and 1 sell rating regarding ST Engineering‘s stock.

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A look at ST Engineering Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

ST Engineering, a global technology, defence, and engineering group with a presence in various regions worldwide, is positioned for a promising long-term outlook. With a high momentum score of 5, the company demonstrates strong positive market trends and performance. This indicates that ST Engineering is likely to sustain its upward momentum in the future.

Moreover, the growth score of 4 highlights the company’s potential for significant expansion and development. Combined with a resilience score of 3, reflecting its ability to weather challenges, ST Engineering shows a balanced approach towards growth and stability. Although the value and dividend scores are moderate at 2, the company’s overall outlook appears favorable for long-term investors seeking growth opportunities in a diverse technology and engineering sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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