- SIA Engineering’s financial performance continued the post-pandemic improvement in 3QFY25, with headline net profit rising 7.4% q-o-q (42.0% y-o-y) to S$38.2m, representing the highest quarterly level since the onset of the pandemic.
- - Read this at SGinvestors.io -
- Revenue rose 5.6% q-o-q (11.3% y-o-y), backed by a continued improvement in the line maintenance business volume.
Moderate q-o-q improvement in operating profit.
- SIA Engineering’s operating profit managed a moderate q-o-q improvement to S$4.7m in 3QFY25 (2QFY25: S$2.4m); this was still below the S$15m-20m quarterly levels that SIA Engineering used to achieve before the pandemic.
- - Read this at SGinvestors.io -
JVs and associates remained key contributors.
- Overall profit contribution from JVs and associates were in line with our expectation, at S$90.8m in 9MFY25 (+23.0% y-o-y), forming 75% of our full-year forecast. The growth was broad-based across:
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Above is the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Roy Chen CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2025-02-17
Previous report by UOB:
2024-11-07 SIA Engineering - 1HFY25 Earnings A Slight Miss; Investing For Long-term Growth.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
