In 2024, the company won $12.6 billion in new orders, including $4.3 billion secured in the most recent 4QFY2024. This brings its total order book to $28.5 billion with $8.8 billion of it to be delivered this current FY2025.
“We delivered a very strong set of results in 2024 despite an uncertain and challenging environment," says group CEO Vincent Chong.
"We are confident that our strong fundamentals will continue to position us well, even as we confront a fast-changing landscape.
"We have a robust order book and a competitive market position which will underpin our continuing revenue growth and performance," he adds.
See also: Creative guides for ‘similar level of operating loss’ for 2HFY2025
ST Engineering shares closed at $5.06 on Feb 26, unchanged for the day and up 27.14% in the past 12 months.
