Singapore Technologies Engineering Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line – Simply Wall St

Key Financial Results

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

Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) was mostly in line with analyst estimates.

The primary driver behind last 12 months revenue was the Defence & Public Security segment contributing a total revenue of S$4.29b (42% of total revenue). Notably, cost of sales worth S$8.13b amounted to 80% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to S$752.6m (54% of total expenses). Explore how S63's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 17% 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.

We should say that we've discovered 2 warning signs for Singapore Technologies Engineering that you should be aware of before investing here.

Find out whether Singapore Technologies Engineering is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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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Singapore Technologies Engineering Full Year 2023 Earnings: Revenues Beat Expectations, EPS In Line - Simply Wall St

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