ST Engineering posts near 18% rise in Q1 profit

Revenue up 9% year-on-year to S$1.65b as all sectors except marine & "others" saw higher contributions

Singapore

SHARES in Singapore Technologies Engineering (ST Engineering) fell seven cents to close at S$3.39 on Friday even as it posted a near 18 per cent rise in Q1 net profit to S$117.7 million.

Revenue increased 9 per cent year-on-year to S$1.65