SIA Engineering reports fiscal 1Q net profit rose 3 percent as expenses fell
SIA Engineering reported Friday its fiscal 1Q net profit rose 2.7% on-year to S$41.6 million as nearly flat revenue was offset by a decline in expenses.
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UPDATE: Singapore stocks to watch Thursday: UOB, SGX, Sembcorp, Accordia Golf, Maxi-Cash
These are Singapore companies which may be in focus on Thursday, 11 July 2019: Sembcorp, UOB, SGX, Ascendas India Trust, Accordia Golf and Cordlife.
CGS-CIMB: ‘Optimism’ over taking SIA Engineering private is priced in
SIA Engineering’s surge last week on speculation parent Singapore Airlines might take the company private was “too fast too furious,” CGS-CIMB said Friday.
UPDATE: SIA Engineering shares surge as much as 8 percent amid buyout speculation
SIA Engineering’s shares surged for a second day, as speculation emerged that the aircraft maintenance operator could be taken private.
SIA Engineering’s fiscal 4Q net profit fell 12 percent
SIA Engineering reported Friday its fiscal 4Q net profit fell 12.3 percent on-year to S$49.3 million on a year-ago divestment gain from the sale of ACTS.
UPDATE: Singapore stocks to watch Tuesday: SIA Engineering, Keppel, Olam, Golden Agri
These are Singapore stocks which may be in focus on Tuesday, 2 April 2019: SIA Engineering, Keppel, Olam and Golden Agri-Resources.
SIA Engineering enters S$1.4 billion service agreement with Singapore Airlines
SIA Engineering said Monday it signed a two-year comprehensive service agreement with Singapore Airlines, with an option to renew for another two years.
UPDATE: Singapore stocks to watch Monday: Swiber, SIA Engineering, SIA, Hyflux, CapitaLand
These are Singapore companies which may be in focus on Monday, 1 April 2019: Swiber, SIA Engineering, Hyflux, Singapore Airlines and CapitaLand.
SIA Engineering enters line maintenance JV with NokScoot
SIA Engineering said on Friday it entered a deal with NokScoot Airlines to form a line maintenance joint venture in Thailand.
Maybank KimEng: SIA Engineering earnings not as bad as they look
SIA Engineering had an “ugly” fiscal third quarter, which missed forecasts, but it’s “not as terrible as it looks,” as it was mainly from one-offs at associates, Maybank KimEng said in a note on Monday.
Daiwa: Worst isn’t over for SIA Engineering
The worst isn’t over for SIA Engineering amid deteriorating fundamentals, Daiwa said on Friday after earnings missed forecasts on surprise provisions for joint ventures and associates.
UPDATE: Singapore stocks to watch Monday: Manulife US REIT, SIA Engineering, Ascendas REIT, No Signboard, Creative
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.
SIA Engineering fiscal 3Q net profit drops 40 percent amid one-offs at joint ventures
SIA Engineering reported Friday fiscal 3Q net profit dropped 40.1% on-year to S$33.1M, amid one-time events at associated and joint-venture companies.
UPDATE: Singapore stocks to watch Wednesday: Starhill Global REIT, Suntec REIT, OUE Hospitality, SGX
These are Singapore stocks which may be in focus on Wednesday, 30 January 2019: Starhill Global REIT Starhill Global REIT reported net property income for…
Singapore stocks to watch Friday: Keppel, SIA Engineering, Wilmar, Datapulse Tech
These are Singapore companies which may be in focus on Friday 21 December 2018: Keppel Land Keppel Land’s wholly owned subsidiary DC REIT Holdings, or…
UPDATE: Singapore stocks to watch Monday: DBS, Halcyon Agri, Hyflux, SIA Engineering, Raffles Education, Noble
These are Singapore stocks which may be in focus on Monday 17 December 2018: DBS and Halcyon Agri DBS Bank and Halcyon Agri entered a…
SIA Engineering to divest AMSA to Heston Services
SIA Engineering said on Friday that it would divest its wholly owned Australia-based subsidiary, Aircraft Maintenance Services Australia, or AMSA, to Heston Services. SIA Engineering…
Singapore stocks to watch Friday: City Developments, Genting Singapore, Sunpower, Dairy Farm
These are Singapore stocks which may be in focus on Friday 9 November 2018: City Developments City Developments reported on Thursday that its net profit…
SIA Engineering reports fiscal 2Q net profit fell slightly amid lower airframe revenue
SIA Engineering reported on Thursday that its fiscal second quarter net profit fell 1.6 percent on-year to S$38 million ami lower revenue from airframe and…
Singapore stocks to watch Wednesday: Jardine Matheson, Chuan Hup, PCI, SIA Engineering
Jardine Matheson UK conglomerate Jardine Matheson expects to generate net proceeds of around 1.7 billion pounds following an agreement to let Marsh & McLennan acquire…
SIA Engineering downgraded by Daiwa after setback in Philippine operations
Daiwa downgraded SIA Engineering to Hold from Outperform as media reports indicate Tigerair Australia may end all maintenance work at its facility in the Philippines….
DBS tips five bombed-out Singapore stocks to bargain hunt
With the U.S. trade war on China threatening to “take a turn for the worse” over the next couple months, stocks trading near “bombed-out” valuations…
Singapore stocks to watch Friday: Keppel, SATS, CapitaLand Mall Trust
Keppel Corp Keppel Corporation posted a 44% rise in second quarter net profit and said it will pay a higher dividend for the half…
Singapore Pre-Market Wednesday: Higher rates, GIC, Keppel, Noble, ThaiBev
Singapore shares may open lower amid negative leads from Wall Street and regional markets as interest rates appeared set to rise further and as trade…
Singapore Pre-Market Monday: DBS, Sheng Siong, Noble, SIA Engineering
Singapore’s stocks were headed to the open on Monday with a lackluster lead, with Wall Street essentially flat on Friday. But DBS’ higher-than-expected earnings were…
Daiwa says Singapore aviation sector has room to soar
The demand for maintenance, repair and overhaul (MRO) services in Asia Pacific remains upbeat in the short-term, with Singapore’s MRO players in a prime spot…
Singapore Airlines may feel pinch from new Changi Airport fees: Daiwa
Singapore’s planned new airport tax to fund the Terminal 5 expansion may dent full-services carriers, such as Singapore Airlines, Daiwa said in a note dated…