SIA Engineering Reports Higher Profit in Fiscal H2

MT Newswires05-12

SIA Engineering's (SGX:S59) profit attributable to owners rose to SG$85.6 million in the fiscal second half ended March 31 from SG$70.8 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Earnings per share came in at SG$0.0762 compared with SG$0.0630 in the year-ago period.

Revenue climbed year over year to SG$693.9 million from SG$668.9 million, backed by higher flight volumes and an increase in maintenance activity.

The board recommended a final dividend of SG$0.085 per share for the period, which will be paid on Aug. 14.

For fiscal 2026, the total dividend payout will be SG$0.11 per share, up from SG$0.09 per share a year earlier.

Shares of the aircraft maintenance, repair and overhaul firm were up over 2% in Tuesday trading.

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