ST Aerospace Q2 Revenues Rise 20%

ST Aerospace posted revenues of S$619m ($459.8m) for the second quarter of 2016, a 20 per cent year-on-year rise from Q2 2015’s S$515m ($382.5m).

ST Aerospace posted revenues of S$619m ($459.8m) for the second quarter of 2016, a 20 per cent year-on-year rise from Q2 2015’s S$515m ($382.5m).

For the three months ending June 30, the aerospace division of ST Engineering reported a profit before tax of S$74.2m ($55.1m), a figure it said was comparable to last year’s result.

During the period, ST Aerospace amassed S$770m ($571.9m) worth of new aerospace contracts, which ranged from airframe maintenance and cabin interiors, to engine wash and component repair and overhaul.

 

TAGS: Asia Pacific
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish