As revenue grew at a faster pace than expenditure, SIAEC recorded an operating profit of $5.1 million, an improvement of $4.1 million y-o-y. Share of profits from associated and joint venture companies for the quarter was $37.8 million, a 35.0% y-o-y increase.
SIA Engineering Company (SIAEC) has reported a net profit of $42.9 million for the 1QFY2026 ended June 30, 2025, 29.2% higher y-o-y.
The group reported a higher revenue for the 1QFY2026 of $358.4 million, up 33.4% y-o-y. Meanwhile, group expenditure rose 32% y-o-y to $353.3 million due to higher material and manpower costs.
