Group and Segment Highlights Deck slide image

Group and Segment Highlights Deck

Group Highlights Commercial Aerospace Revenue grew with more growth expected Recovery as % of Dec-2019 Pre-Covid Level 90% 77% 80% 76% 74% 74% 74% 75% 71% 69% 70% 63% 59% 60% 55% 50% 40% 30% 20% 10% • • ST Engineering In Dec 2022, air travel has recovered to 77% of pre-Covid level. - - Domestic travel leads at 80% and International lags at 75% APAC international air travel at 52%1; yet to fully recover Re-opening of China is an opportunity Plan to set up airframe MRO JV with SF Airlines in Ezhou 0% Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 10 | Source: IATA Air Passenger Market Analysis Dec 2022 (dated 6 Feb 2023) 1 (RPK of Asia Pacific based airlines is at 52% pre-Covid level)
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