SINGAPORE – SIA Engineering Group posted a net profit of S$41.9 million for the quarter ended 31 December 2025, up 9.7 percent year-on-year, lifted by stronger contributions from its associated and joint-venture companies and steady demand for maintenance, repair and overhaul (MRO) services.

Group revenue grew 8.7 percent YoY to S$353.1 million, while operating profit improved to S$6.0 million from S$4.7 million. Basic earnings per share came in at 3.74 Singapore cents, compared with 3.42 cents a year earlier. The company did not declare a dividend for the quarter.

The Engine & Component segment contributed an additional S$6.2 million in profits from associates and JVs, while the Airframe & Line Maintenance segment added S$0.4 million, bringing total associate and JV income to S$38.8 million, up 20.5 percent YoY. Line maintenance operations handled 41,455 flights at Changi Airport, 3 percent more than the previous year, and component as well as engine MRO output increased on productivity gains and new capabilities.

Cost pressures persisted, with group expenditure rising 8.4 percent to S$347.1 million on higher manpower, subcontracting, material and IT implementation expenses, alongside start-up costs for two new subsidiaries. Heavy airframe checks at the Singapore base fell to 17 from 20 a year earlier, while light checks edged up to 162 from 156.

During the quarter the group commenced line maintenance services in Manila, extending its network to 39 airports across nine countries. Base Maintenance Malaysia secured regulatory approval for its first hangar and completed its inaugural A350 heavy check, with a second facility slated to be operational in the second half of FY2026-27. In November 2025, SIA Engineering signed a letter of intent with Safran Aircraft Engines to explore a potential Singapore-based CFM LEAP engine MRO joint venture, aimed at expanding next-generation engine capabilities.

Management expects growth in Asia-Pacific passenger traffic to underpin MRO demand but remains cautious amid supply-chain constraints and geopolitical risks. The company said it will continue to broaden its regional footprint, add capacity for new-technology aircraft and reinforce core services to support long-term, sustainable expansion.