Yesterday, I received the interim dividend payout from ST Engineering in my bank account. In 3Q2022, ST Engineering has declared an interim dividend of 4.0 cents per ordinary share. It was then I realised that I have not been following up on news or performance of ST Engineering. Currently, ST Engineering makes up 9.86% of my stock portfolio. Since my personal analysis of ST Engineering 7 years ago, the company now has organise itself into 3 business segments (Commercial Aerospace, Urban Solutions & Satcom (USS) and Urban Solutions & Satcom (USS)). I have also got to know that ST Engineering has divested its U.S. Marine business on 14 November 2022. Now, let us take a look at its 3Q2022 updates.

ST Engineering 3Q2022 Updates

In terms of revenue, all the business segments had performed well. The group achieved a 19% year on year...