SGX:C6LAirlines
Assessing Singapore Airlines (SGX:C6L) Valuation After Profit Slump, Air India Hit and New Special Dividend Plan
Singapore Airlines (SGX:C6L) just posted a sharp 68% drop in net profit, largely tied to its Air India stake and softer interest income, yet it simultaneously rolled out a three year special dividend plan.
See our latest analysis for Singapore Airlines.
The stock is hovering around S$6.33 after the profit slump and special dividend news, with a mildly negative year to date share price return but a solid five year total shareholder return of 74.72%. This suggests longer term momentum remains...