You are here

SIA Q1 earnings fall in absence of one-time gain; operating profit up

Yields continue to be under pressure amid competition but SIA Cargo bucks trend
Friday, July 28, 2017 - 05:50

BT_20170728_NRSIA28_3006647.jpg
The group's transformation programme is ongoing, to identify new opportunities for revenue generation, and to restructure its cost base.

Singapore

SINGAPORE Airlines' fiscal first-quarter net profit fell due to the absence of a one-off gain but its operating profit strengthened on the back of stronger revenue.

The airline reported a net profit of S$235.1 million for the three months ended June 30, 2017, down about 8

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom