0049 GMT - Singapore Airlines is likely to report a major fall in 2Q earnings for the fiscal year ending March 2026, UOB Kay Hian's Roy Chen says in a note. While the airline's operating profit is likely to grow 10% on the year, that will likely be more than offset by the drag from subsidiary Air India and declining interest income, he says. He estimates 2Q net profit at S$100 million-S$200 million, compared to S$290 million in 2Q of fiscal 2025. He reckons earnings will stay in decline for the rest of the financial year, weighing on SIA's shares. UOB KH raises its target on the stock to S$6.05 from S$6.03. The brokerage maintains a sell rating on SIA, which last traded at S$6.52. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

September 17, 2025 20:49 ET (00:49 GMT)

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