Singapore Air’s Recovery Continues With Another Quarterly Profit

Bloomberg2022-11-04

Singapore Airlines Ltd. posted a second consecutive quarterly profit as it continues to rebuild from the Covid crisis, which saddled it with record losses in 2021.Net income was S$557 million ($394 ...

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Comments

  • robot1234
    2022-11-05
    robot1234
    SIA Q2 operating profit soars to record, resumes dividend payout.  SINGAPORE Airlines (SIA) announced record operating profits for both its second quarter and first half financial year ending Mar 31, 2023. The outsized performance was driven by high demand for air travel during the peak summer season across all route regions, except East Asia. This resulted in a Q2 FY2023 operating profit of S$678 million, up 21.9 per cent from S$556 million in the previous quarter. It was the highest quarterly operating profit in SIA’s history. Second quarter net profit surged 50.5 per cent to S$557 million from S$370 million in the previous quarter. Revenue for the quarter to Sep 30 rose in tandem to S$4.5 billion, up 14.3 per cent from S$3.9 billion in Q1 FY2023. In bourse filings after the market
  • ShareShare
    2022-11-05
    ShareShare
    Ha ha,10% dividend 
  • Blading23
    2022-11-05
    Blading23
    Good
  • calebxiong
    2022-11-04
    calebxiong
    Oo
  • prettysongbk
    2022-11-04
    prettysongbk
    Ok
  • DiAngel
    2022-11-04
    DiAngel
    Long waited dividend. So happy! It came in earlier than my anticipation. Now it seems that there isa high chance that they will redeem 2021 convertible bonds much earlier than I thought they would do so next year. I m now on cloud9. $SINGAPORE AIRLINES LTD(C6L.SI)$you are indeeda great way to fly. i was hoping that $Keysight(KEYS)$will break through 180 and I will indeed be cloud9. Instead theother good news was dividend from SIA. So manyhappenings this week despite me having a day surgery this morning. Will be on hospitalisation leaves for a while. Hence no brain juice to think of what stocks to buy. Thank you SIA for giving me such a good news and a great weekend de
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