ST Engineering - Electronics: Results For The Quarter Ended 30 June 2012

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Electronics: Results For The Quarter Ended 30 June 2012

Details on how the business of the Sector is managed and its related performance are set out below. This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Electronics
“Higher Profit in 2Q2012

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2012

     

2012

2Q

2011

2Q

Growth %

2012

1Q

Growth %

Revenue ($m) 362 329 10 461 (21)
Earnings before interest and tax (EBIT) ($m) 41.8 37.1 13 34.4 21
Other income, net ($m) 0.6 0.5 38 0.3 157
Finance income/(costs), net ($m) (0.4) (1.5) 74 (1.1) 65
Profit before tax (PBT) ($m) 41.8 35.7 17 33.7 24
Profit attributable to shareholders ($m) 31.3 26.9 16 28.1 11

 

  • Economic Value Added for the first half of 2012 was $54.2 million

 

“The Electronics sector delivered higher profit in 2Q2012

Major orders secured included a Communications System for Tuas West MRT Extension, an EMAS Enhancement Project, AgilFence Perimeter Intrusion Detection System (PIDS), Training Services for Avion de Transport Régional (ATR) Singapore's Training Centre, Integrated Air Traffic Control (ATC) Simulator in Ecuador & Satcom Systems for local & international customers

We will continue to develop new products & solutions and also seek new business opportunities that meet our customers' needs."

~ Lee Fook Sun, President

 

Electronics 2Q2012 Unaudited Results

N.B.: All currencies are in Singapore dollars.

 

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