Search ST Engineering

Past Years Financial Results

2019

Full Year 2019

Webcast | Results Presentation | Financial Statements | Press Release

Financial Highlights for the year ended 31 December 2019 2019
FY

2018
FY

Change %
Revenue ($m) 7,868 6,698 17
Earnings before interest and tax (EBIT) ($m) 654.0 570.3 15
Other income, net ($m) 38.9 35.0 11
Finance costs, net ($m) (36.6) (33.6) 9
Profit before tax (PBT) ($m) 695.2 620.7 12
Profit attributable to shareholders (Net Profit) ($m) 577.9 494.2 17
Earnings per share (cents) 18.53 15.85 17
Economic value added (EVA) ($m) 317.0 306.0 4
Return on equity (%) 26.0 22.0 4pp
Dividend per share (cents)

- Final

- Interim

15.0

10.0

5.0

15.0

10.0

5.0

-

 

Past years financial results >

3Q2019

Webcast | Results Presentation | Financial Statements | Press Release

For the third quarter ended 30 September 2019 2019
3Q

2018
3Q 

Growth
%

2019
9M

2018
9M

Growth
%
Revenue ($m) 2,069 1,626 27  5,580  4,924  13 
Earnings before interest and tax (EBIT) ($m) 163.1  143.6  14  462.9  410.3  13
Other income, net ($m) 7.2  11.9  (39)  24.7 39.7  (38) 
Finance (costs)/income, net ($m) (10.5)  0.7  NM  (19.8)  (27.3)  (27)
Profit before tax (PBT) ($m) 166.8  165.8 496.5  460.2 
Profit attributable to shareholders ($m) 139.1   134.6  408.4  369.8 10 
Earnings per share (cents) 4.46  4.32  13.09  11.86 10

2Q2019

Webcast | Results Presentation | Financial Statements | Press Release

For the second quarter ended 30 June 2019

2019
2Q

2018
2Q 

Growth
%

2019
1H

2018
1H 

Growth
%

Revenue ($m) 1,780 1,651 8 3,511 3,298 6
Earnings before interest and tax (EBIT) ($m) 157.9 144.5 9 299.8 266.6 12
Other income, net ($m) 7.3 19.2 (62) 17.5 27.9 (37)
Finance costs, net ($m) (8.4) (25.8) 68 (9.3) (28.0) 67
Profit before tax (PBT) ($m) 169.7 150.4 13 329.6 294.4 12
Profit attributable to shareholders ($m) 138.2 117.5 18 269.3 235.2 14
Earnings per share (cents) 4.43 3.77 18 8.63 7.55 14

1Q2019

Webcast | Results Presentation | Financial Statements | Press Release

For the first quarter ended 31 March 2019

2019
1Q

2018
1Q

Change
%
Revenue ($m) 1,731 1,647   5
Earnings before interest and tax (EBIT) ($m)  141.9 122.1 16
Other income, net ($m) 10.2 8.6 18
Finance costs, net ($m) (0.9) (2.2) 58
Profit before tax (PBT) ($m) 159.9 144.0 11
Profit attributable to shareholders (Net Profit) ($m) 131.1 117.7 11
Earnings per share (cents) 4.20 3.78 11

2018

Full Year 2018

Webcast | Results Presentation | Financial Statements | Press Release

For the financial year ended 31 December 2018 2018
FY

2017
FY

(Restated)*

Growth
%

Revenue ($m) 6,698 6,521 3
Earnings before interest and tax (EBIT) ($m) 570.3 542.8 5
Other income, net ($m) 35.0 38.7 (10)
Finance costs, net ($m) (33.6) (19.0) (76)
Profit before tax (PBT) ($m) 620.7 611.8 1
Profit attributable to shareholders (Net Profit) ($m) 494.2 502.6 (2)
Earnings per share (cents) 15.85 16.13 (2)
Economic value added (EVA) ($m) 306.0 303.8 1
Return on equity (%) 22.0 22.7 NM
Dividend per share (cents)

- Final

- Interim

15.0

10.0

5.0

15.0

10.0

5.0

-

NM: Not Meaningful


* Comparative figures were restated on the adoption of Singapore Financial Reporting Standards (International) (SFRS(I)) with effect from 1 January 2018

3Q 2018

Webcast | Results Presentation | Financial Statements | Press Release

For the third quarter ended 30 September 2018


2018
3Q

2017
3Q

(Restated)*

Growth
%

2018
9M

2017
9M

(Restated)*

Growth
%

Revenue ($m) 1,626
1,609
1 4,924 4,827 2
Earnings before interest and tax (EBIT) ($m) 143.6 145.5 (1) 410.3 383.4 7
Other income, net ($m) 11.9 9.2 29 39.7 31.6 26
Finance income/(costs), net ($m) 0.7 (3.5) NM (27.3) (12.4) (120)
Profit before tax (PBT) ($m) 165.8 162.2 2 460.2 438.9 5
Profit attributable to shareholders ($m) 134.6 127.8 5 369.8 334.5 11
Earnings per share (cents) 4.32 4.11 5 11.86 10.74 10

NM: Not Meaningful


* Comparative figures were restated on the adoption of Singapore Financial Reporting Standards (International) (SFRS(I)) with effect from 1 January 2018

2Q 2018

Webcast | Results Presentation | Financial Statements | Press Release

For the second quarter ended 30 June 2018


2018
2Q

2017
2Q 

(Restated)*

Growth %


2018
1H

2018
1H 

(Restated)*

Growth
%

Revenue ($m) 1,651
1,707
(3) 3,298 3,218 2
Earnings before interest and tax (EBIT) ($m) 144.5 125.3 15 266.6 237.8 12
Other income, net ($m) 19.2 10.7 80 27.9 22.4 25
Finance costs, net ($m)

- MTN early redemption

- Disposal of bond investments

- Others

(25.8)

 (15.3)

 (4.4)

 (6.1)

(3.5)

 - 

0.1

 (3.6)

NM

NM

 NM

 69

(28.0)

(15.3)

 (4.9)

 (7.8)

(8.9)

 -

 (0.1)

(8.8)

NM

NM

NM

(11)

Profit before tax (PBT) ($m) 150.4 144.0 4 294.4 276.7 6
Profit attributable to shareholders ($m) 117.5 106.8 10 235.2 206.7 14
Earnings per share (cents) 3.77 3.43 10 7.55 6.64 14

NM: Not Meaningful


* Comparative figures were restated on the adoption of Singapore Financial Reporting Standards (International) (SFRS(I)) with effect from 1 January 2018

1Q 2018

Webcast | Results Presentation | Financial Statements | Press Release

For the first quarter ended 31 March 2018

2018
1Q

2017
1Q
(Restated)*

Growth
%

Revenue ($m) 1,647 1,511 9
Earnings before interest and tax (EBIT) ($m) 122.1 112.6 8
Other income, net ($m) 8.6 11.7 (26)
Finance costs, net ($m) (2.2) (5.4) (59)
Profit before tax (PBT) ($m) 144.0 132.7 9
Profit attributable to shareholders (Net Profit) ($m) 117.7 99.9 18
Earnings per share (cents) 3.78 3.21 18


* Comparative figures were restated on the adoption of Singapore Financial Reporting Standards (International) (SFRS(I)) with effect from 1 January 2018

2017

Full Year 2017

Webcast | Results Presentation | Financial Statements | Press Release

For the financial year ended 31 December 2017 2017
FY

2016
FY

Growth
%
Revenue ($m) 6,619 6,684 (1)
Earnings before interest and tax (EBIT) ($m) 553.3 471.1 17
Other income, net ($m) 38.7 67.8 (43)
Finance costs, net ($m) (18.0) (12.0) (50)
Profit before tax (PBT) ($m) 623.3 590.6 6
Profit attributable to shareholders (Net Profit) ($m) 511.9 484.5 6
Earnings per share (cents) 16.43 15.60 5
Economic value added (EVA) ($m) 321.6 252.4 27
Return on equity (%) 22.9 22.2 NM
Dividend per share (cents)

- Final

- Interim

15.0

10.0

5.0

15.0

10.0

5.0

-

 NM: Not Meaningful

3Q 2017

Webcast | Results Presentation | Results Announcement | Press Release

For the third quarter ended 30 September 2017 2017
3Q

2016
3Q

Growth %

2017
9M

2016
9M

Growth
%
Revenue ($m)  1,622
1,613
1 4,917 4,863 1
Earnings before interest and tax (EBIT) ($m) 146.1 82.0 78 393.6 316.3 24
Other income, net ($m) 9.2 10.7 (14) 31.6 57.4 (45)
Finance (costs)/income, net ($m) (3.3) 0.6 NM (11.7) (14.8) 21
Profit before tax (PBT) ($m) 162.9
106.6
53 449.7 407.3 10
Profit attributable to shareholders (Net Profit) ($m) 128.4 76.7 67 343.4 314.1 9
Earnings per share (cents) 4.12 2.47 67 11.03 10.12 9

 NM: Not Meaningful

2Q 2017

Webcast | Results Presentation | Results Announcement | Press Release

For the second quarter ended 30 June 2017 2Q17

2Q16

Change %

1H17

1H16

Change %
Revenue ($m)  1,756
1,623
8 3,295 3,250 1
Earnings before interest and tax (EBIT) ($m) 130.8 137.2 (5) 247.5 234.3 6
Other income, net ($m) 10.7 24.6 (57) 22.4 46.7 (52)
Finance costs, net ($m) (3.3)
(3.9)
14 (8.4) (15.3) 45
Profit before tax (PBT) ($m) 149.8
170.3
(12) 286.8 300.7 (5)
Profit attributable to shareholders ($m) 111.5
127.3
(12) 215.0 237.5 (10)
Earnings per share (cents) 3.59 4.10 (12) 6.91 7.65 (10)

1Q 2017

Webcast | Results Presentation | Results Announcement | Press Release

For the first quarter ended 31 March 2017 1Q17 1Q16 Change %
Revenue ($m)  1,539
1,627
(5)
Earnings before interest and tax (EBIT) ($m) 116.7 97.2 20
Other income, net ($m) 11.7 22.1 (47)
Finance costs, net ($m) (5.1)
(11.5)
56
Profit before tax (PBT) ($m) 137.0
130.4
5
Profit attributable to shareholders ($m) 103.4
110.2
(6)
Earnings per share (cents) 3.33 3.53 (6)

2016

Full Year 2016

Webcast | Results Presentation | Results Announcement | Press Release

For the year ended 31 December 2016

FY16

FY15

Change
%
Revenue ($m)
6,684
6,335
6
Earnings before interest and tax (EBIT) ($m)
471.1
510.3
(8)
Other income, net ($m)
67.8
55.5
22
Finance (costs)/income, net ($m)
(12.0)
6.2
(292)
Profit before tax (PBT) ($m)
590.6
630.3
(6)
Profit attributable to shareholders ($m)
484.5
529.0
(8)
Earnings per share (cents)
15.60
17.05
(9)
Economic value added (EVA) ($m)
252.4
355.1
(29)
Return on equity (%)
22.2
24.8
NM
Dividend per share (cents)
15.0
15.0
-
• Final
10.0
10.0
 
• Interim
5.0
5.0

3Q 2016

Webcast | Results Presentation | Results Announcement | Press Release

For the third quarter ended 30 September 2016 3Q16 3Q15 Change %
Revenue ($m)
1,613
1,500
8
Earnings before interest and tax (EBIT) ($m)
82.0
120.5
(32)
Other income, net ($m)
10.7
6.8
58
Finance income, net ($m)
0.6
12.0
(95)
Profit before tax (PBT) ($m)
106.6
154.7
(31)
Profit attributable to shareholders ($m)
76.7
133.3
(42)
Earnings per share (cents)
2.47
4.29
(42)

2Q 2016

Webcast | Results Presentation | Results Announcement | Press Release

For the second quarter ended 30 June 2016 2Q16
2Q15
Change
%
Revenue ($m)
1,623
1,545
5
Earnings before interest and tax (EBIT) ($m)
137.2
150.4
(9)
Other income, net ($m)
24.6
5.4
356
Finance costs, net ($m)
(3.9)
(11.5)
66
Profit before tax (PBT) ($m)
170.3
158.5
7
Profit attributable to shareholders ($m)
127.3
125.0
2
Earnings per share (cents)
4.10
4.01
2

1Q 2016

Webcast | Results Presentation | Results Announcement | Press Release

For the first quarter ended 31 March 2016

1Q16

1Q15

Change
%
Revenue ($m)
1,627
1,511
8
Earnings before interest and tax (EBIT) ($m)
97.2
110.1
(12)
Other income, net ($m)
22.1
20.8
6
Finance (costs)/income, net ($m)
(11.5)
8.5
(234)
Profit before tax (PBT) ($m)
130.4
150.5
(13)
Profit attributable to shareholders ($m)
110.2
130.0
(15)
Earnings per share (cents)
3.53
4.17
(15)

2015

Full Year 2015

Webcast | Results Presentation | Results Announcement | Press Release

For the year ended 31 December 2015
FY15
FY14
Change
%
Revenue ($m)
6,335
6,539
(3)
Earnings before interest and tax (EBIT) ($m)
510.3
555.0
(8)
Other income, net ($m)
55.5
40.2
38
Finance income/ (costs), net ($m)
6.2
(1.7)
479
Profit before tax (PBT) ($m)
630.3
650.7
(3)
Profit attributable to shareholders ($m)
529.0
532.0
(1)
Earnings per share (cents)
17.05
17.06
-
Economic value added (EVA) ($m)
366.2
344.5
6
Return on equity (%)
24.8
24.9
NM
Dividend per share (cents)
15.0
15.0
-
• Final
10.0
11.0
 
     - Ordinary
5.0
4.0
 
     - Special
5.0
7.0
 
• Interim - Ordinary
5.0
4.0
 

3Q 2015

Webcast | Results Presentation | Results Announcement | Press Release

For the third quarter ended 30 September 2015 3Q15
3Q14
Change
%
Revenue ($m)
1,500
1,553
(3)
Earnings before interest and tax (EBIT) ($m)
120.5
142.9
(16)
Other income, net ($m)
6.8
4.7
45
Finance income/(costs), net ($m)
12.0
(7.6)
259
Profit before tax (PBT) ($m)
154.7
151.7
2
Profit attributable to shareholders ($m)
133.3
121.3
10
Earnings per share (cents)
4.29
3.89
10

2Q 2015

Webcast | Results Presentation | Results Announcement | Press Release

For the second quarter ended 30 June 2015 2Q15
2Q14
Change
%
Revenue ($m)
1,545
1,586
(3)
Earnings before interest and tax (EBIT) ($m)
150.4
148.2
1
Other income, net ($m)
5.4
5.6
(4)
Finance costs, net ($m)
(11.5)
0.9
<-500
Profit before tax (PBT) ($m)
158.5
163.7
(3)
Profit attributable to shareholders ($m)
125.0
133.2
(6)
Earnings per share (cents)
4.01
4.28
(6)

1Q 2015

Webcast | Results Presentation | Results Announcement | Press Release 

For the first quarter ended 31 March 2015
1Q15
1Q14
Change
%
Revenue ($m)
1,511
1,552
(3)
Earnings before interest and tax (EBIT) ($m)
110.1
133.5
(18)
Other income, net ($m)
20.8
17.4
19
Finance costs, net ($m)
8.5
(4.1)
306
Profit before tax (PBT) ($m)
150.5
167.9
(10)
Profit attributable to shareholders ($m)
130.0
137.2
(5)
Earnings per share (cents)
4.17
4.41
(5)