SIA's profits rose 10.8% to $314.8m in Q3

Submitted By:  Clarist Zablan Case Study:  No Its passenger revenue expanded 7% to $239m. Singapore Airlines' group net profit grew 10.8% YoY to $314.8m in Q3 FY19-20, the company announced in an SGX filing. Revenue climbed 3% to $4.47b over the same period. Profits rose 8.4% YoY to $520.4m for the first nine months of the fiscal year, whilst revenue expanded 4.5% to $12.25b. The group’s basic earnings per share grew to $0.266 during the quarter, compared to $0.24 in Q3 FY 18-19. Diluted earnings per share also climbed to $0.264 from $0.239 over the same period. read more