SIA Group 3Q net profit falls 27% on increased fuel costs

Credit: Rob Finlayson
Singapore Airlines (SIA) Group reported a net profit of S$105 million ($76.8 million) for 3Q FY18/19, down 27% year -over-year (YOY) on rising expenditure and fuel costs. The group’s operating profit fell 14.5% to S$388 million. However, SIA said revenue rose S$265 million to S44.4 billion because...

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