ST Engineering - Electronics: Results For The Quarter Ended 30 June 2014

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Electronics: Results For The Quarter Ended 30 June 2014

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 Net Profit

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2014

 

2014

2Q

2013

2Q

Growth%

Revenue ($m)

388

362

7

Earnings before interest and tax (EBIT) ($m)

47.1

42.9

10

Other income, net ($m)

1.6

0.1

>500

Finance income/(costs), net ($m)

(0.5)

4.6

(110)

Profit before tax (PBT) ($m)

48.2

47.3

2

Profit attributable to shareholders ($m)

39.2

37.1

6

  • Economic Value Added for the first half of 2014 was $55.8 million

 

“The Electronics Sector has performed well in 2Q2014. We continue to develop innovative solutions that help our customers meet the expectations of today's dynamic and demanding business environment. We continue to develop international markets in South America and the Asia Pacific region."

~ Lee Fook Sun, President

 

Electronics 2Q2014 Unaudited Results

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

 

 

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