SIA Engineering's Profit After Tax Increases 16% in Fiscal H1

MT Newswires

2024/11/06

SIA Engineering's (SGX:S59) profit after tax rose 16% year over year to SG$68.8 million in fiscal H1 from SG$59.3 million, according to a filing with the Singapore Exchange on Wednesday.

Group revenue was up 12% year over year to SG$576.2 million from SG$514 million, as demand for MRO services remained healthy.

The engineering company declared an interim dividend of SG$0.02 per share for the period.

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