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.