Sunday, October 4, 2015   

Singapore Airlines books higher third-quarter net profit
(02-07 19:08)

Singapore Airlines said Thursday its third-quarter net profit rose six percent year-on-year as the sale of aircraft and spare engines as well as interest income offset the impact of a business slowdown.
Net profit for the last three months of 2012 totalled Sg$143 million (HK$898 million), SIA said, attributing the rise to gains from the "sale of aircraft, spares and spare engines, and higher net interest income''.
Revenue however eased 0.40 percent to Sg$3.86 billion, and the carrier warned of tough times ahead for the passenger and cargo markets, AFP reports.
Other Business breaking news:
US stocks tumble on weak jobs report (10-02 21:52)
France's Total gets Iran gas station license (10-02 21:50)
Air France to shed 2,900 jobs (10-02 21:34)
US hirings slow in September (10-02 21:33)
European benchmarks jump (10-02 20:06)
Finance chiefs head to Lima to take stock of economic woes (10-02 18:40)
Hang Seng bounces by 3pc at close (10-02 17:24)
European stocks extend rally (10-02 16:28)
Nikkei closes flat (10-02 14:39)
Hang Seng rallies (10-02 13:25)

More breaking news >>

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