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Dividends, absence of associate losses bolster SIA's Q2 bottom line

Net profit rises to S$213.6 million from S$90.9 million, but group cautious amid challenging operating environment

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The reclassification of Tiger Airways as SIA's subsidiary saw the airline group recording S$0.9 million in share of profits of associated companies, compared to a hefty S$104 million loss in Q2 FY14/15.

Singapore

HIGHER dividends from long-term investments and an absence of share of losses from budget carrier Tiger Airways helped bolster the bottom line in the second quarter for Singapore Airlines (SIA).

SIA clocked a net profit of S$213.6 million, up from S$90.9 million a year

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