ST Engineering’s net profit down 8.4% to $532m in FY14

Due to lower contributions from almost all segments.

ST Engineering today reported that its net profit slipped 8% to $532m in FY14, due to lower profits from almost all its business segments.

Its aerospace, electronics, and marine sectors all reported lower profits. Only its land systems segment reported higher results in FY14.

ST Engineering declared a final dividend of $4 cents per share e plus a special dividend of $ 7 cents per share, bringing the full-year dividend to 15 S cents, unchanged from FY13.

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