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SIA Group proposes final dividend of 28 cents per share after reporting record net profit in FY2022/2023

Felicia Tan
Felicia Tan • 5 min read
SIA Group proposes final dividend of 28 cents per share after reporting record net profit in FY2022/2023
The net profit, which is the highest in the airline’s 76-year history, comes on the back of the recovery in global air travel. Photo: Bloomberg
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Singapore Airlines (SIA) Group (SGX:C6L) has reported earnings of $2.16 billion for the FY2022/2023 ended March 31, marking a reversal from the $962 million loss in the previous year.

The net profit, which is the highest in the airline’s 76-year history, comes on the back of the recovery in global air travel.

2HFY2022/2023 earnings stood at $1.23 billion, up from the $125.2 million loss in the corresponding period as well.

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