Scoot's 3Q18 EBIT rose almost 50% y-o-y, which was even more surprising given lacklustre 1H performance when EBIT fell.
SINGAPORE (Feb 14): CIMB says the biggest takeaways from Singapore Airlines' 3Q18 results were that SIA Cargo’s profits were the highest in 10 years while Scoot’s profit growth was the highest in five.
"If there is one aspect to celebrate, it would be Scoot’s strong performance," says CIMB analyst Raymond Yap in a Wednesday report.
