SIA Engineering H1 profit up 21% to $83.3m

Its associate gains lifted earnings as interim dividend declared at 2.5 cents.

SIA Engineering Group posted a 21.1% rise in net profit to $83.3m for H1 FY2526, driven by stronger contributions from associates and joint ventures.

Operating profit increased to $13m from $3.4m a year earlier, as revenue rose 26.5% to $729m, outpacing a 25% rise in expenditure. Profit from associates and joint ventures grew 21.7% to $71.3m, led by the engine and component segment with $68.6m.

Quarterly profit for Q2 rose 13.5% year on year (YoY) to $40.4m, supported by higher maintenance, repair and overhaul activity.

The company declared an interim dividend of 2.5 cents per share, payable on 28 November 2025. Basic earnings per share for the half year stood at 7.45 cents.

As of 30 September 2025, total assets stood at $2.1b, with equity attributable to shareholders at $1.69b and net asset value per share at 151.4 cents.

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