For the period, SIA posted a net profit of $452 million, a 38.4% y-o-y decrease from the 1QFY2024’s $734 million.
Analysts at DBS Group Research and Citi Research are keeping their respective “hold” and “neutral” calls at unchanged target prices of $6.50 and $6.76 respectively on Singapore Airlines (SGX:C6L
) (SIA) following the company’s 1QFY2025 ended June results.
On the other hand, the analyst at CGS International has downgraded his call on the group to “reduce” from “hold” at a lowered target price of $5.88 from $6.78 previously.
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