SIA Engineering Reverses Field
By Asia-Pacific Staff
Singapore
SIA Engineering Co. (SIAEC) has posted a 12.8% increase in profits to S$73.9 million for the quarter ended March 31, the fourth quarter of the company’s financial year. The quarterly profit reverses three quarters of falling earnings.
Revenue for quarter grew 10.9% to S$272.6 million, largely due to the company’s fleet management program and airframe and component overhaul work, while ...