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SIA posts earnings of $452 million for 1QFY2025, 38.4% lower y-o-y

Douglas Toh
Douglas Toh • 4 min read
SIA posts earnings of $452 million for 1QFY2025, 38.4% lower y-o-y
The airline saw a 7.7% rise in non-fuel expenditure during the quarter. Photo: Bloomberg
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Singapore Airlines (SIA) has posted a quarterly net profit of $452 million for the 1QFY2025 ended June, a 38.4% y-o-y decrease from the previous year’s $734 million in the same period.

Earnings per share similarly came in 14.% lower y-o-y at 12.4 cents per share, from 14 cents per share in the 1QFY2024.

Meanwhile, group revenue increased by 5.3% y-o-y or $239 million to $4.72 billion in the quarter, with passenger flown revenue rising 4.1% y-o-y or $152 million to $3.83 billion, supported by a healthy 13.8% y-o-y increase in passengers carried across the group to 9.6 million passengers in the 1QFY2025 compared to 8.44 million passengers in the 1QFY2024.

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