SIA Engineering
Analysts upgrade SIA Engineering shares as growth, supply chain outlook improves
The analysts’ upbeat outlook comes on the back of the company’s Q2 results, in which net profit is up 13.5% at S$40.4 million
Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date
Average daily turnover for these stocks hits S$165 million in the year to Nov 4
SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaces that of its rise in expenditure; contributions from associated and joint-venture companies also increase
A*Star launches four joint research projects in aerospace and manufacturing with SAESL, Rolls-Royce and Singapore SMEs
Projects totalling S$55 million will develop innovations to strengthen Singapore’s aerospace and manufacturing sectors
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Revenue is up 33.4% at S$358.4 million, while expenditure rises ‘at a slightly slower rate’ of 32% to S$353.3 million
SIA Engineering inks S$1.3 billion deal to service SIA, Scoot fleets
The company will provide support for two years, with an option to extend by one year
DBS Group Research upgrades SIA Engineering to a buy on ‘compelling growth,’ raises target price
This reflects SIA’s contract repricing upside, compelling growth narrative and limited exposure to trade-related disruptions
No impact from tariffs for now: SIA Engineering
Airlines were already looking to diversify overseas maintenance bases before tariffs, says CEO Chin Yau Seng
SIA Engineering H2 net profit up 87.3% at S$70.8 million
Revenue for the period rises 15.3% to S$668.9 million
SIA Engineering Q3 net profit up 42% at S$38.2 million
Improved performance attributed to increased workload and higher number of flights handled
