- Global
Electronics: Results For The Year Ended 31 December 2016
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
“PBT Crossed S$200 Million Mark”
|
FINANCIAL HIGHLIGHTS for the year ended 31 December 2016 |
|||
| 2016 |
2015
|
Growth %
|
|
|---|---|---|---|
| Revenue ($m) |
1,910
|
1,743
|
10 |
| Earnings before interest and tax (EBIT) ($m) |
191.8
|
178.7
|
7 |
| Other income, net ($m) |
19.4
|
14.7
|
32 |
| Finance income, net ($m) |
(3.7)
|
(2.4)
|
(53) |
| Profit before tax (PBT) ($m) |
207.8
|
191.0
|
9 |
| Profit attributable to shareholders ($m) |
174.5
|
163.0
|
7 |
| Economic value added (EVA) ($m) |
138.9
|
130.1
|
7 |
Electronics FY2016 Audited Results
“The Electronics sector achieved strong results for FY2016. We have crossed the S$200M mark for PBT in FY2016 and secured S$695M of contract wins in 4Q2016 bringing the total of new orders secured in FY2016 to S$2.3B. These achievements, coupled with our proven track record, have given us greater confidence in our products and solutions offerings as we pursue new opportunities locally and overseas." - Ravinder Singh, President
N.B.: All currencies are in Singapore dollars.