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SIA Engineering reports full year earnings of $97.1 million, up 46.2% y-o-y

The Edge Singapore
The Edge Singapore  • 2 min read
SIA Engineering reports full year earnings of $97.1 million, up 46.2% y-o-y
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SIA Engineering's earnings for FY2024 increased by 46.2% y-o-y to $97.1 million, on the back of a 37.5% jump in revenue to $1.09 billion.

The improvement can be attributed to the recovery in demand for its services with aviation picking up following the pandemic.

For the most recent second half ended March, earnings increased by 11.5% y-o-y to $37.8 million, and revenue rose 33.7% to $580.2 million.

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