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SIA Engineering posts mixed 4Q, full year results amid Covid-19 pandemic

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SIA Engineering posts mixed 4Q, full year results amid Covid-19 pandemic

Jeffrey Tan Published on Fri, May 08, 2020 / 6:39 PM GMT+8

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SINGAPORE (April 8): As most flights worldwide were suspended from March onwards, SIA Engineering was able to eke out a mixed set of results for the fourth quarter and full year ended March 31.

During the quarter, the company reported y-o-y earnings growth of 5.9% to $52.2 million from $49.3 million.

This brought full year earnings up 20.4% y-o-y to $193.8 million from $160.9 million.

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