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SIA posts 47% rise in net profit for Q4

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Singapore Airlines reported a net profit of S$39.6 million for the fourth quarter of FY14/15, up nearly 47 per cent year on year.

SINGAPORE Airlines (SIA) reported a net profit of S$39.6 million for the fourth quarter of FY14/15, up nearly 47 per cent year on year.

Revenue for the quarter under review rose from S$3.63 billion a year ago to S$3.88 billion while earnings per share came to 3.4 Singapore cents, up from 2.3 cents in Q4 FY13/14.

For the full year, net profit hit S$367.9 million, rising 2.3 per cent, while revenue increased from S$15.24 billion to S$15.56 billion.

The board has recommended a final dividend of 17 Singapore cents per share.