SIA Engineering Q3 net profit slips 14% as engine JV contributions ease
Summary:
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SIA Engineering reported a 14% year-on-year drop in net profit for the quarter ended 31 Dec 2025, driven mainly by lower share of profits from engine joint ventures.
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Revenue for the third quarter nonetheless grew on continued recovery in flight activity, with line maintenance and airframe services volumes improving versus a year earlier.
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Operating profit was supported by ongoing cost discipline, though higher staff and operating expenses partly offset topline gains.
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The group maintained a strong net cash position and reiterated its focus on capacity ramp-up and productivity initiatives to capture ongoing aviation recovery.
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No interim dividend was declared for the quarter; shareholder returns remain anchored on full-year performance and capital needs for growth projects.