SIA Engineering's Core Operations Likely to Remain Pressured -- Market Talk

Dow Jones

Feb 20

0931 GMT - SIA Engineering's core operations are likely to remain under pressure into FY 2027, says DBS Group Research's Jason Sum in a note. While startup and information-technology-related costs have likely peaked, the drag from expenses could persist into FY 2027, the analyst says. He cites preparation for the Singapore aircraft-maintenance company's second hangar in Subang, Malaysia, set to come online in 2H FY 2027. Its new Philippine line maintenance unit likely also needs time to break even, he says. While SIA Engineering's bottomline growth remains supported by associate contributions and moderate margin expansion, the company's medium-term recovery seems mostly priced into its shares. DBS maintains its hold rating and S$4.00 target price. Shares closed 2.0% lower at S$3.50. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

February 20, 2026 04:31 ET (09:31 GMT)

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While startup and information-technology-related costs have likely peaked, the drag from expenses could persist into FY 2027, the analyst says. He cites preparation for the Singapore aircraft-maintenance company's second hangar in Subang, Malaysia, set to come online in 2H FY 2027. Its new Philippine line maintenance unit likely also needs time to break even, he says. While <a href=\"https://laohu8.com/S/SEGSY\">SIA Engineering</a>'s bottomline growth remains supported by associate contributions and moderate margin expansion, the company's medium-term recovery seems mostly priced into its shares. DBS maintains its hold rating and S$4.00 target price. Shares closed 2.0% lower at S$3.50. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2026 04:31 ET (09:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SIA Engineering's Core Operations Likely to Remain Pressured -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSIA Engineering's Core Operations Likely to Remain Pressured -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-20 17:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0931 GMT - <a href=\"https://laohu8.com/S/SEGSF\">SIA Engineering</a>'s core operations are likely to remain under pressure into FY 2027, says DBS Group Research's Jason Sum in a note. While startup and information-technology-related costs have likely peaked, the drag from expenses could persist into FY 2027, the analyst says. He cites preparation for the Singapore aircraft-maintenance company's second hangar in Subang, Malaysia, set to come online in 2H FY 2027. Its new Philippine line maintenance unit likely also needs time to break even, he says. While <a href=\"https://laohu8.com/S/SEGSY\">SIA Engineering</a>'s bottomline growth remains supported by associate contributions and moderate margin expansion, the company's medium-term recovery seems mostly priced into its shares. DBS maintains its hold rating and S$4.00 target price. Shares closed 2.0% lower at S$3.50. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 20, 2026 04:31 ET (09:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0823397103.USD","symbol_name":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2612633052","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612633052","pubTimestamp":1771579860,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0931 GMT - SIA Engineering's core operations are likely to remain under pressure into FY 2027, says DBS Group Research's Jason Sum in a note. While startup and information-technology-related costs have likely peaked, the drag from expenses could persist into FY 2027, the analyst says. He cites preparation for the Singapore aircraft-maintenance company's second hangar in Subang, Malaysia, set to come online in 2H FY 2027. Its new Philippine line maintenance unit likely also needs time to break even, he says. While SIA Engineering's bottomline growth remains supported by associate contributions and moderate margin expansion, the company's medium-term recovery seems mostly priced into its shares. DBS maintains its hold rating and S$4.00 target price. Shares closed 2.0% lower at S$3.50. 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While startup and information-technology-related costs have likely peaked, the drag from expenses could persist into FY 2027, the analyst says. He cites preparation for the Singapore aircraft-maintenance company's second hangar in Subang, Malaysia, set to come online in 2H FY 2027. Its new Philippine line maintenance unit likely also needs time to break even, he says. While SIA Engineering's bottomline growth remains supported by associate contributions and moderate margin expansion, the company's medium-term recovery seems mostly priced into its shares. DBS maintains its hold rating and S$4.00 target price. Shares closed 2.0% lower at S$3.50. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 20, 2026 04:31 ET (09:31 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}