Stock Track | SIA Engineering Soars 3.14% on Strong FY Results and Robust MRO Demand

Stock Track
05/12

SIA Engineering's stock surged 3.14% in pre-market trading on Tuesday, following the release of its impressive full-year financial results.

The company reported a net profit of S$168.9 million for the year ended 31 March 2026, representing a 21% year-on-year increase. Group revenue also climbed 14.3% to S$1.42 billion, driven by a rebound in air-travel activity which fueled strong demand for its maintenance, repair and overhaul (MRO) services. The board proposed an increased final dividend, bringing the full-year payout to 11.0 cents per share.

Growth was attributed to higher labour rates, increased flight volumes, and heavier aircraft-check workloads. The company also highlighted strategic expansions in its line-maintenance network and joint ventures across the Asia-Pacific region, contributing to the positive investor sentiment reflected in the stock's early surge.

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