SIA Engineering - OCBC Investment 2024-07-29: Fly Me To The Moon

• SIA Engineering (SGX:S59)’s 1QFY25 results were largely in line with our expectations. 1QFY25 revenue grew 2.6% y-o-y to S$268.7m as demand for MRO services continued to remain healthy in tandem with increasing levels of flight activity.
• - Read this at SGinvestors.io -

Sequential improvement in profitability.

• - Read this at SGinvestors.io -
• SIA Engineering’s share of profits from associated and JV companies also increased 27.9% y-o-y to S$28m.
• Altogether, net profit improved 23% y-o-y to S$33.2m, translating to basic and diluted earnings per share (EPS) of 2.96 and 2.95 Singapore cents, respectively.

Remain constructive on the industry; especially engine maintenance

• Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2025-11-06 SIA Engineering - Positioning For The Future.

Previous report by OCBC:
2025-07-23 SIA Engineering - Positive Outlook Largely Priced In.

Price targets by other brokers at SIA Engineering Target Prices.

Listing of research reports at SIA Engineering Analyst Reports.

Relevant links:
SIA Engineering Share Price History,
SIA Engineering Announcements,
SIA Engineering Dividend Payout Dates & Corporate Actions,
SIA Engineering News