ST Engineering - Marine: Results For The Quarter Ended 30 June 2013

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Marine: Results For The Quarter Ended 30 June 2013

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.

Marine
“Higher Revenue and Profits”

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2013
     

2013

2Q

2012

2Q
Growth %

2013

1Q

Growth %
Revenue ($m) 311 277 12 254 22
Earnings before interest and tax (EBIT) ($m) 33.0 33.1 - 26.6 24
Other income, net ($m) 1.8 1.2 40 1.5 14
Finance income/(costs), net ($m) 0.6 (3.1) 117 0.7 (24)
Profit before tax (PBT) ($m) 35.7 31.6 13 29.7 20
Profit attributable to shareholders ($m) 28.7 21.6 33 20.8 38

 

  • Economic Value Added for the first half of 2013 was $42.6 million

 

“The Marine sector delivered steady performance at mid year."

~ Ng Sing Chan, President

 

Marine 2Q2013 Audited Results

 

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

 

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