ST Engineering - Net Profit Grew 10% in 4Q2013 vs 4Q2012

Search ST Engineering

English
AA

Net Profit Grew 10% in 4Q2013 vs 4Q2012

FINANCIAL HIGHLIGHTS for the year ended 31 December 2013 

 

2013

2012

Growth%

Revenue ($m)

6,633

6,380

4

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

673.2

658.0

2

Other income, net ($m)

34.2

43.2

(21)

Finance costs, net ($m)

(8.8)

(18.7)

(53)

Profit before tax (PBT) ($m)

729.7

715.4

2

Profit attributable to shareholders ($m)

580.8

576.2

1

Earnings per share (cents)

18.73

18.76

Economic value added (EVA) ($m)

413.8

437.9

(6)

Return on equity (%)

27.4

30.4

NM

Dividend per share (cents)

  • Final

           - Ordinary

           - Special

  • Interim – Ordinary

15.0

12.0

4.0

8.0

3.0

16.8

13.8

4.0

9.8

3.0

(11)

 

  • Commercial sales constituted 62% or $4.1 billion of revenue
  • Order book of $13.2 billion at end December 2013, of which about
    $4.3 billion is expected to be delivered in 2014
  • Cash and cash equivalents including funds under management totalled
    $2.2 billion
  • Advance payments from customers totalled $1.7 billion 
"The Group registered good growth of 12% and 10% in Revenue and Net Profit respectively in 4Q2013 compared to 4Q2012. On a full year basis, Revenue and Net Profit of FY2013 were comparable with that of FY2012. The performance reflects the Group's resilience and its ability to ride out market volatilities. The Group succeeded in securing more contracts and ended the year with a record high order book of $13.2b.
Barring unforeseen circumstances, the Group expects to achieve higher Revenue and PBT for FY2014 over FY2013."
 ~ TAN Pheng Hock, President & CEO


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