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SIA reports higher Q3 profit

Net profit surges 61.5% y-o-y to S$286.1m; but airline flags competition and rising fuel prices as challenges

Singapore

SINGAPORE Airlines' (SIA) third quarter profit surged ahead, bolstered by higher passenger and cargo revenues, as well as from the absence of a write-down that was made in the corresponding period last year.

Net profit jumped 61.5 per cent year-on-year to S$286.1 million

sentifi.com

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