Financial Round Up
Singapore Airlines Q1 profit boost
May 18th 2015
Singapore Airlines (SIA) said its fourth quarter net profit surged 47% year-on-year, to S$39.6 million, ($30.05 million) on revenue of S$3.88 billion, up from S$3.63 billion, as its fuel bill declined, but warned of a tough outlook due to stiff competition, particularly in the Americas and Europe. Read More » For the full year to March 31, net profit improved by 2.34% to S$367.9 million, SIA said in a filing to the Singapore Exchange.