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11-14

Proper due diligence should have been done before taking up Air India’s offer. We need accountability, not merely absorbing this massive loss

Singapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh

2024-02-01

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Keppel Reports Record Earnings of $4.1 Billion for FY2023

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We need accountability, not merely absorbing this massive loss","listText":"Proper due diligence should have been done before taking up Air India’s offer. We need accountability, not merely absorbing this massive loss","text":"Proper due diligence should have been done before taking up Air India’s offer. We need accountability, not merely absorbing this massive loss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/499966106350128","repostId":"2583955019","repostType":2,"repost":{"id":"2583955019","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1763027076,"share":"https://ttm.financial/m/news/2583955019?lang=en_US&edition=fundamental","pubTime":"2025-11-13 17:44","market":"sg","language":"en","title":"Singapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2583955019","media":"Reuters","summary":"Singapore Airlines posted a nearly 68% drop in half-year net profit on Thursday.","content":"<html><head></head><body><p>Nov 13 (Reuters) - <a href=\"https://laohu8.com/S/C6L.SI\">Singapore Airlines</a> reported a sharp drop in first-half profit on Thursday, hit by losses at its Indian associate Air India, higher costs and intensifying competition across key markets.</p><p>The city-state&#39;s flag carrier said half-year net profit came in at S$239 million ($184.67 million) for the six months ended September 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.</p><p>Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.</p><p>The company&#39;s interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.</p><p>Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.</p><p>Singapore Airlines holds a 25.1% stake in the Indian carrier.</p><p>The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.</p><p>($1 = 1.2942 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-13 17:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 13 (Reuters) - <a href=\"https://laohu8.com/S/C6L.SI\">Singapore Airlines</a> reported a sharp drop in first-half profit on Thursday, hit by losses at its Indian associate Air India, higher costs and intensifying competition across key markets.</p><p>The city-state&#39;s flag carrier said half-year net profit came in at S$239 million ($184.67 million) for the six months ended September 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.</p><p>Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.</p><p>The company&#39;s interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.</p><p>Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.</p><p>Singapore Airlines holds a 25.1% stake in the Indian carrier.</p><p>The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.</p><p>($1 = 1.2942 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4566":"资本集团","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","SG9999013478.USD":"利安新加坡股息基金","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","C6L.SI":"新加坡航空公司","SG9999001077.SGD":"United International Growth Fund SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK6519":"运输股","BK6003":"航空公司","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4112":"金融交易所和数据","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU1989763005.USD":"东方汇理教育基金A2 Acc","BK4597":"股息贵族","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK6523":"ESG概念","BK4581":"高盛持仓","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","BK4534":"瑞士信贷持仓","LU0097036916.USD":"贝莱德美国增长A2 USD"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251113:nL6N3WP0KD:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2583955019","content_text":"Nov 13 (Reuters) - Singapore Airlines reported a sharp drop in first-half profit on Thursday, hit by losses at its Indian associate Air India, higher costs and intensifying competition across key markets.The city-state's flag carrier said half-year net profit came in at S$239 million ($184.67 million) for the six months ended September 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.The company's interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.Singapore Airlines holds a 25.1% stake in the Indian carrier.The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.($1 = 1.2942 Singapore dollars)","news_type":1,"symbols_score_info":{"C6L.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269189309415712,"gmtCreate":1706754738225,"gmtModify":1706755602680,"author":{"id":"3586174250632248","authorId":"3586174250632248","name":"AylwinET","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586174250632248","idStr":"3586174250632248"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269189309415712","repostId":"2408251124","repostType":2,"repost":{"id":"2408251124","kind":"highlight","pubTimestamp":1706752842,"share":"https://ttm.financial/m/news/2408251124?lang=en_US&edition=fundamental","pubTime":"2024-02-01 10:00","market":"sg","language":"en","title":"Keppel Reports Record Earnings of $4.1 Billion for FY2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2408251124","media":"The Edge Singapore","summary":"Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 cents","content":"<div>\n<p>Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 centsKeppel has reported 2HFY2023 earnings from continuing operations of $551 million, up 36% y-o-y, and...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel Reports Record Earnings of $4.1 Billion for FY2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel Reports Record Earnings of $4.1 Billion for FY2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-01 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 centsKeppel has reported 2HFY2023 earnings from continuing operations of $551 million, up 36% y-o-y, and...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司"},"source_url":"https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2408251124","content_text":"Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 centsKeppel has reported 2HFY2023 earnings from continuing operations of $551 million, up 36% y-o-y, and has proposed a final dividend of 19 cents per share. This brings its whole of FY2023 earnings to $4.1 billion, up 339% over FY2022, with divestment gains a key contributor to the record bottom line.The full-year cash dividend of 34 cents is one cent over 33 cents paid for FY2022. Taking into account the distribution in-specie of Sembcorp Marine shares and Keppel REIT shares already made, Keppel shareholders will be receiving a total payout worth $2.70 for FY2023.In its bid to become more of an asset manager than the industrial conglomerate it was, Keppel has been aiming for a bigger proportion of recurring income.In FY2023, recurring income increased by 54% y-o-y to $773 million, making up 88% of the total FY2023 net profit from continuing operations.Keppel says all of its three \"horizontal segments\" - a new reporting structure - were profitable in FY2023.Of these three,  infrastructure gained the most with earnings up 135% y-o-y to $699 million thanks to higher energy prices.Is real estate segment, with a significant exposure to China, was profitable too, as was \"connectivity\".In the years ahead, infrastructure is expected to be one of the fastest-growing asset classes, supported by the global energy transition and decarbonisation trends, as well as rising demand for digital connectivity, Keppel says.As at end-December 2023, Keppel’s funds under management was up from $50 billion a year ago to $55 billion. This helped lift asset management fees by 6% y-o-y to $283 million.This figure is set to grow by end of June, upon the completion of the acquisition of Aermont Capital, thereby lifting FUM further to $79 billion, closer to the 2026 interim target of $100 billion.Loh Chin Hua, CEO of Keppel says the company has \"harnessed\" Keppel’s industrial roots to transform into a global asset manager and operator, with complementary business segments.\"Our strong investment track record, built up over 20 years, as well as our operating capabilities and domain knowledge, provide an unparalleled value proposition to the investors in our private funds, REITs and Trust. \"Investors also find our active value adding approach to creating superior returns appealing.“Keppel’s shareholders have also benefited - and will continue to benefit - from our transformation,\" says Loh.","news_type":1,"symbols_score_info":{"BN4.SI":1}},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":499966106350128,"gmtCreate":1763087018831,"gmtModify":1763090472135,"author":{"id":"3586174250632248","authorId":"3586174250632248","name":"AylwinET","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586174250632248","authorIdStr":"3586174250632248"},"themes":[],"title":"","htmlText":"Proper due diligence should have been done before taking up Air India’s offer. We need accountability, not merely absorbing this massive loss","listText":"Proper due diligence should have been done before taking up Air India’s offer. We need accountability, not merely absorbing this massive loss","text":"Proper due diligence should have been done before taking up Air India’s offer. We need accountability, not merely absorbing this massive loss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/499966106350128","repostId":"2583955019","repostType":2,"repost":{"id":"2583955019","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"pubTimestamp":1763027076,"share":"https://ttm.financial/m/news/2583955019?lang=en_US&edition=fundamental","pubTime":"2025-11-13 17:44","market":"sg","language":"en","title":"Singapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh","url":"https://stock-news.laohu8.com/highlight/detail?id=2583955019","media":"Reuters","summary":"Singapore Airlines posted a nearly 68% drop in half-year net profit on Thursday.","content":"<html><head></head><body><p>Nov 13 (Reuters) - <a href=\"https://laohu8.com/S/C6L.SI\">Singapore Airlines</a> reported a sharp drop in first-half profit on Thursday, hit by losses at its Indian associate Air India, higher costs and intensifying competition across key markets.</p><p>The city-state&#39;s flag carrier said half-year net profit came in at S$239 million ($184.67 million) for the six months ended September 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.</p><p>Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.</p><p>The company&#39;s interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.</p><p>Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.</p><p>Singapore Airlines holds a 25.1% stake in the Indian carrier.</p><p>The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.</p><p>($1 = 1.2942 Singapore dollars)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Airlines' Half-Year Profit Slumps as Air India Losses, Rising Costs Weigh\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-13 17:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 13 (Reuters) - <a href=\"https://laohu8.com/S/C6L.SI\">Singapore Airlines</a> reported a sharp drop in first-half profit on Thursday, hit by losses at its Indian associate Air India, higher costs and intensifying competition across key markets.</p><p>The city-state&#39;s flag carrier said half-year net profit came in at S$239 million ($184.67 million) for the six months ended September 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.</p><p>Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.</p><p>The company&#39;s interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.</p><p>Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.</p><p>Singapore Airlines holds a 25.1% stake in the Indian carrier.</p><p>The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.</p><p>($1 = 1.2942 Singapore dollars)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SG9999018857.SGD":"United Global Quality Growth Fd Cl Acc SGD-H","LU2089284900.SGD":"Allianz Global Sustainability Cl AM Dis H2-SGD","BK4566":"资本集团","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","LU2271345857.HKD":"ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (HKD) ACC","SGXZ31699556.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"C\" (SGDHDG) ACC","LU1633808545.USD":"ALLIANZ GLOBAL EQUITY GROWTH \"AT\" (USD) ACC","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","LU2764263039.SGD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (SGDHDG) ACC","LU1989773731.SGD":"CPR Invest - Education A2 Acc SGD-H","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0354030511.USD":"ALLSPRING  U.S. LARGE CAP GROWTH \"I\" (USD) ACC","SG9999013478.USD":"利安新加坡股息基金","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","C6L.SI":"新加坡航空公司","SG9999001077.SGD":"United International Growth Fund SGD","LU0175139822.USD":"AB FCP I Global Equity Blend A USD","SG9999006266.SGD":"MANULIFE SINGAPORE EQUITY \"A\" (SGD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","LU1981816686.USD":"EASTSPRING INV ASIAN MULTI FACTOR EQUITY \"A\" (USD) ACC","BK4588":"碎股","BK6519":"运输股","BK6003":"航空公司","LU1989772923.USD":"CPR Invest - Climate Action A2 Acc USD-H","BK4112":"金融交易所和数据","LU2095319765.USD":"Natixis Thematics Subscription Economy R/A USD","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU2764262908.HKD":"BGF GLOBAL UNCONSTRAINED EQUITY \"A2\" (HKD) ACC","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU2210150020.SGD":"Natixis Thematics Subscription Economy R/A SGD","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU1989764748.USD":"东方汇理环球颠覆性机遇A2 Acc","LU2210149790.SGD":"Natixis Thematics Subscription Economy R/A SGD-H","LU2089283258.USD":"安联环球可持续基金Cl AM Dis","SG9999018865.SGD":"United Global Quality Growth Fd Cl Dist SGD-H","SG9999014914.USD":"UNITED GLOBAL QUALITY GROWTH (USDHDG) INC","LU1989763005.USD":"东方汇理教育基金A2 Acc","BK4597":"股息贵族","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK6523":"ESG概念","BK4581":"高盛持仓","LU0342679015.USD":"ALLIANZ GLOBAL EQUITY UNCONSTRAINED \"AT\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","SG9999014906.USD":"大华全球优质成长基金Acc USD","SG9999014880.SGD":"大华全球优质成长基金Acc SGD","BK4534":"瑞士信贷持仓","LU0097036916.USD":"贝莱德美国增长A2 USD"},"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251113:nL6N3WP0KD:1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2583955019","content_text":"Nov 13 (Reuters) - Singapore Airlines reported a sharp drop in first-half profit on Thursday, hit by losses at its Indian associate Air India, higher costs and intensifying competition across key markets.The city-state's flag carrier said half-year net profit came in at S$239 million ($184.67 million) for the six months ended September 30, compared with S$742 million a year earlier and a Visible Alpha consensus estimate of S$341.9 million.Total expenditure rose by S$170 million, even as net fuel costs fell. The increase reflected the airline’s capacity expansion and inflationary pressures across several cost components.The company's interest income was also dented by S$103 million due to smaller cash balances and interest rate cuts, while share of results from associated companies plunged S$417 million, largely because of Air India’s losses.Air India’s results were not part of the group’s earnings a year earlier. Singapore Airlines began accounting for the Indian carrier’s performance from December 2024, after completing the integration of its joint venture Vistara into Air India.Singapore Airlines holds a 25.1% stake in the Indian carrier.The airline announced an interim dividend of 5 Singapore cents per share and an interim special dividend of 3 Singapore cents apiece.($1 = 1.2942 Singapore dollars)","news_type":1,"symbols_score_info":{"C6L.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269189309415712,"gmtCreate":1706754738225,"gmtModify":1706755602680,"author":{"id":"3586174250632248","authorId":"3586174250632248","name":"AylwinET","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586174250632248","authorIdStr":"3586174250632248"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269189309415712","repostId":"2408251124","repostType":2,"repost":{"id":"2408251124","kind":"highlight","pubTimestamp":1706752842,"share":"https://ttm.financial/m/news/2408251124?lang=en_US&edition=fundamental","pubTime":"2024-02-01 10:00","market":"sg","language":"en","title":"Keppel Reports Record Earnings of $4.1 Billion for FY2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2408251124","media":"The Edge Singapore","summary":"Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 cents","content":"<div>\n<p>Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 centsKeppel has reported 2HFY2023 earnings from continuing operations of $551 million, up 36% y-o-y, and...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel Reports Record Earnings of $4.1 Billion for FY2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel Reports Record Earnings of $4.1 Billion for FY2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-01 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>The Edge Singapore</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 centsKeppel has reported 2HFY2023 earnings from continuing operations of $551 million, up 36% y-o-y, and...</p>\n\n<a href=\"https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BN4.SI":"吉宝有限公司"},"source_url":"https://www.theedgesingapore.com/capital/results/keppel-reports-record-earnings-41-billion-fy2023?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2408251124","content_text":"Keppel plans to give a 2HFY2023 cash dividend of 19 cents, bringing full-year cash payout to 34 centsKeppel has reported 2HFY2023 earnings from continuing operations of $551 million, up 36% y-o-y, and has proposed a final dividend of 19 cents per share. This brings its whole of FY2023 earnings to $4.1 billion, up 339% over FY2022, with divestment gains a key contributor to the record bottom line.The full-year cash dividend of 34 cents is one cent over 33 cents paid for FY2022. Taking into account the distribution in-specie of Sembcorp Marine shares and Keppel REIT shares already made, Keppel shareholders will be receiving a total payout worth $2.70 for FY2023.In its bid to become more of an asset manager than the industrial conglomerate it was, Keppel has been aiming for a bigger proportion of recurring income.In FY2023, recurring income increased by 54% y-o-y to $773 million, making up 88% of the total FY2023 net profit from continuing operations.Keppel says all of its three \"horizontal segments\" - a new reporting structure - were profitable in FY2023.Of these three,  infrastructure gained the most with earnings up 135% y-o-y to $699 million thanks to higher energy prices.Is real estate segment, with a significant exposure to China, was profitable too, as was \"connectivity\".In the years ahead, infrastructure is expected to be one of the fastest-growing asset classes, supported by the global energy transition and decarbonisation trends, as well as rising demand for digital connectivity, Keppel says.As at end-December 2023, Keppel’s funds under management was up from $50 billion a year ago to $55 billion. This helped lift asset management fees by 6% y-o-y to $283 million.This figure is set to grow by end of June, upon the completion of the acquisition of Aermont Capital, thereby lifting FUM further to $79 billion, closer to the 2026 interim target of $100 billion.Loh Chin Hua, CEO of Keppel says the company has \"harnessed\" Keppel’s industrial roots to transform into a global asset manager and operator, with complementary business segments.\"Our strong investment track record, built up over 20 years, as well as our operating capabilities and domain knowledge, provide an unparalleled value proposition to the investors in our private funds, REITs and Trust. \"Investors also find our active value adding approach to creating superior returns appealing.“Keppel’s shareholders have also benefited - and will continue to benefit - from our transformation,\" says Loh.","news_type":1,"symbols_score_info":{"BN4.SI":1}},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}