Cloud Hosting

Key Financial Results

Revenue: S$9.04b (up 17% from FY 2021).

Net income: S$535.0m (down 6.2% from FY 2021).

Profit margin: 5.9% (down from 7.4% in FY 2021). The decrease in margin was driven by higher expenses.

EPS: S$0.17 (down from S$0.18 in FY 2021).

earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 4.2%.

Looking ahead, revenue is forecast to grow 7.0% 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 shares are up 2.3% from a week ago.

You should learn about the 2 warning signs we've spotted with Singapore Technologies Engineering.

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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Original post:

Singapore Technologies Engineering Full Year 2022 Earnings: Revenues Beat Expectations, EPS Lags - Yahoo Finance