Photo from SIA Engineering

SIA Engineering’s H1 profit rises 16% YoY as MRO demand recovers

The company declared an interim dividend of $0.020 per share.

SIA Engineering's net profit rose 16% YoY to $68.8m in H1 FY24/25 as demand for maintenance, repair, and overhaul (MRO) increased.

The recovery of MRO demand improved the company’s operating performance and share profits, which rose 3.3% YoY and 8.6% YoY, respectively.

Revenue rose in tandem with profit, rising 12.1% YoY to $576.2m.

With improved net profit and revenue, the company declared an interim dividend of $0.020 per share.

 

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Top News

AI oversight gains urgency as deepfake scams surge 2,000%
Ashwini Karandika urged firms to map every point where AI influences risk-bearing decisions this year
MAS fines doctor $120,000 for insider trading
The case involved purchases of Singapore Medical Group shares before its privatisation offer was announced.

Exclusives

Singapore, Hong Kong take rival paths to capture global gold trade
One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.
Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.