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Brokers' take

Published Tue, Jul 28, 2015 · 09:50 PM

SIA Engineering |

Fully valued

July 28 close: S$3.85

Target price: S$3.70

DBS Group Research, July 28

SIA Engineering failed to show any sequential improvement in fortunes as net profit of S$41.3 million was down 23 per cent year on year (flat quarter on quarter). Revenue was down 6 per cent year on year, owing to lower heavy maintenance revenue. . .

Engine centres continue to be dragged down by the structural tr…

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