Presentation Slides - Singapore Technologies Engineering

President & CEO’s Message
“The Group reported 8% and 6% increase in turnover and profit before tax (PBT)
respectively in 1Q2008 compared to 1Q2007 on the back of improved PBT for the
Aerospace and Land Systems sectors, and lower PBT for the Electronics and
Marine sectors. Profit after tax and minority interests grew 13% for the quarter.
In February 2008, the Group participated in the Singapore Airshow 2008 and
announced a series of contracts worth a total of about $500m.
Despite the loss of the Airbus contract following Skybus' filing of Chapter 11
protection, the Group's order book remains healthy at $9.19b as at end of 1Q2008.
With the expected slowdown in the global economy and the challenges ahead, we
will continue to stay vigilant of events unfolding around us. Our priorities are to
strengthen our market and competitive positions and seize business opportunities
that emerge amidst the uncertain business environment.”
~ Tan Pheng Hock
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