ST Engineering - Marine: Results For The Year Ended 31 December 2014

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Marine: Results For The Year Ended 31 December 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.

Marine
Comparable profit attributable to shareholders"

FINANCIAL HIGHLIGHTS for the year ended 31 December 2014

 

2014

2013

Growth%

Revenue ($m)

1,342

1,239

8

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

100.8

134.5

(25)

Other income, net ($m)

12.1

6.0

101

Finance costs, net ($m)

3.9

3.7

5

Profit before tax (PBT) ($m)

122.8

146.3

(16)

Profit attributable to shareholders ($m)

108.1

110.0

(2)

Economic value added (EVA) ($m)

93.6

114.8

(19)

 


Compared to FY2013, Marine sector recorded higher Revenue but lower PBT due to weaker performance from the US operations in FY2014.

We remain focused on building up our order books in 2015.”

~ Ng Sing Chan, President

 

Marine FY2014 Audited Results 

 

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

 

 

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