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ST Engineering expects strong order wins to continue in Q4

It has also retained earnings of 44 cents a share, and can again pay total dividends of 15 cents a share

Tay Peck Gek

Published Wed, Nov 18, 2020 · 09:50 PM

Singapore

MAINBOARD-LISTED ST Engineering won at least S$1.7 billion in new orders in the third quarter to September, and expects the momentum to carry through in the fourth quarter.

It is also likely that the final dividend of 10 Singapore cents per share will be intact; ST Engineering's chief executive Vincent Chong told The Business Times in an interview on Wednesday that the listed company has retained earnings of 44 cents per share.

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