Wednesday 24 February 2016

PREVIEWING ST ENGINEERING'S 'NOT SO GOOD' FY2015 RESULTS

Actually, there's not much to preview or crystal ball gaze prior to 26 Feb's results. 

Just lifted this from STENG's 3Q results and guidance for FY Revenue/PBT. 

Not good. ST Marine providing the drag.

















Update (26 Feb): The drop in PBT is not that bad as expected. But what's more encouraging is the forward guidance by STE that revenue for FY2016 would be higher and PBT comparable. Great to know!

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