Below are the financial statements of Singapore Technologies Engineering, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of SGD | 2024 | 2023 |
|---|---|---|
| Revenue | 11,275.66a | 10,101.02a |
| Cost of sales | -9,101.38a | -8,128.27a |
| Gross profit | 2,174.28a | 1,972.75a |
| Distribution and selling expenses | -206.61a | -179.41a |
| Administrative expenses | -797.38a | -752.58a |
| Other operating expenses | -192.78a | -215.29a |
| Other income, net | 28.03a | 14.65a |
| Profit from operations | 1,005.54a | 840.11a |
| Non-operating (expense)/income, net | -0.06a | 16.45a |
| Share of results of associates and joint ventures, net of tax | 70.99a | 58.09a |
| Earnings before interest and tax | 1,076.47a | 914.66a |
| Finance income | 37.86a | 41.29a |
| Finance costs | -251.64a | -251.73a |
| Finance costs, net | -213.78a | -210.45a |
| Profit before taxation | 862.69a | 704.21a |
| Taxation | -133.48a | -99.79a |
| Profit after taxation | 729.21a | 604.43a |
| Attributable to | — | — |
| Shareholders of the Company | 702.26a | 586.47a |
| Non-controlling interests | 26.95a | 17.96a |
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