SIA

SIA’s 1HFY2024 earnings down 48.5% y-o-y to $742 mil, maintains interim dividend of 10 cents per share - THE EDGE SINGAPORE

Results

SIA’s 1HFY2024/2025 earnings down 48.5% y-o-y to $742 mil, maintains interim dividend of 10 cents per share

Expenditure grew 14.4% y-o-y to $8.7 billion, driven by a 19.6% increase in net fuel cost and a 12.1% increase in non-fuel expenditure.

Broker's Calls

Maybank initiates ‘hold’ on SIA with TP of $7.10 on the back of ‘peakish’ earnings post-pandemic

Absolute earnings are still projected to remain at much higher levels compared to pre-pandemic years on strong air travel demand.
SIA Engineering reports full year earnings of $97.1 million, up 46.2% y-o-y - THE EDGE SINGAPORE

Results

SIA Engineering reports full year earnings of $97.1 million, up 46.2% y-o-y

The company plans to pay a final dividend of 6 cents, bringing full year payout to 8 cents
SIA shares drop following earnings miss and analysts' downgrades - THE EDGE SINGAPORE

Broker's Calls

SIA shares drop following earnings miss and analysts' downgrades

Revenue was up for 3QFY2024 but earnings was down q-o-q despite peak year-end holiday travelling season

Semiconductor

The world's chip industry poised to bounce back after tough 2023

Markets are returning to normal buying patterns and the worst of the contractions are over
CGS-CIMB cuts SIA's target price on rising fuel costs and softer yields - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB cuts SIA's target price on rising fuel costs and softer yields

Yap estimates that for every increase of US$1 per barrel in oil prices, SIA's FY2024 earnings will drop by 1.8%.

Global Markets

The 'triumph' of hope over experience

This market temperature is kind of boring, but if we only look at the top volumes
SATS' post FY2023 earnings result draws mixed reaction from analysts - THE EDGE SINGAPORE

Broker's Calls

SATS' post FY2023 earnings result draws mixed reaction from analysts

SATS faces a slowing economy, but recovery in air travel
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