SINGAPORE, Jan 12, 2026, 15:24 SGT — Regular session
- Shares of ST Engineering climbed over 2% Monday afternoon, nearing a 52-week peak
- Focus now turns to the timing of February results and upcoming dividend proposals
- Following recent portfolio shifts, attention remains on order book strength and cash returns
Shares of Singapore Technologies Engineering Ltd (ST Engineering) (SGX:S63) climbed 2.45% to hit S$9.19 by 3:10 p.m. on Monday, briefly reaching S$9.25 — marking a 52-week high. The stock, which has surged roughly 98% over the past year, was trading at a trailing price-to-earnings (P/E) ratio of 36.7. Around 4.9 million shares changed hands during the session.
This matters because the stock has hit the group’s full-year reporting period, when boards usually lay out dividends and demand outlooks. ST Engineering says its second-half and full-year results typically come out in February.
In late December, the company signaled it expects to post a positive net profit in the second half of 2025. It also confirmed the sale of its Shanghai aircraft maintenance, repair, and overhaul (MRO) operation — the essential work that keeps planes in the air.
ST Engineering posted a 9% rise in nine-month revenue, hitting S$9.1 billion, in its latest business update. The company also secured new contracts worth S$14.0 billion, pushing its order book to an all-time high of S$32.6 billion by the end of September. Divestments brought in S$594 million in cash proceeds. For FY2025, it plans to propose a 6-cent final dividend and a 5-cent special dividend, pending shareholder approval at the 2026 AGM. Group President and CEO Vincent Chong attributed the results to “robust revenue growth.” (ST Engineering)
On Jan. 2, the group filed a daily share buy-back notice confirming it had repurchased shares on-market. While buybacks often boost investor sentiment, they usually fluctuate based on cash flow and acquisition plans.
Still, the rally leaves little margin for error. Aerospace demand shifts with airline capacity and freight traffic, while delays in procurement approvals can push back defence and public security projects.
Macro noise isn’t helping. The dollar wavered while gold held steady amid fresh friction between U.S. President Donald Trump and Federal Reserve Chair Jerome Powell, showing how quickly risk appetite can shift even without much company news on the docket.
Investors are watching closely for signs that earnings momentum will continue, along with clearer details on dividends and buybacks for 2026. According to Investing.com, ST Engineering’s next earnings report is due Feb. 26.
