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3QFY2019 results
Aviation & Engineering
SIA Group reports 1.4 ppt increase in overall passenger load factor to 84.5%, announces reshuffling of senior management
The announcements come after SIA on Feb 14 reported a 10.9% growth in earnings to $314.8 million for 3QFY2019, as revenue edged up by 3% to $4.47 billion during the quarter.
February 17, 2020
Results
Singtel reports 24% lower 3Q earnings of $627 mil, braces for lower equipment sales, sales of lower margin devices in 4Q
Looking ahead, Singtel is expecting intense competition and carriage declines amid weaker business and consumer sentiments. However, the group's dividend guidance for FY2019 currently remains unchanged at 17.5 cents.
February 13, 2020
Telecommunications
Telcos expected to face 5G cost challenges and new competitors in 2020
SINGAPORE (Dec 20): The telco sector has seen quite a shake-up this year as new entrant TPG Telecom starts to spin up its 4G network, while incumbent M1 was successfully taken private.
December 20, 2019