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HOCK LOCK SIEW

Turbulent fourth quarter ahead for SIA as impact of outbreak takes hold

AFTER a decent Q3 showing, SIA is likely to fly into turbulence in the fourth quarter as fall-out from the Covid-19 virus outbreak weighs down operating performance.

Its third quarter earnings results beat forecasts, with net profit up 10.9 per cent year on year to S$315 million, lifted...