SGX:C6LAirlines
Is Profit Slump Amid Multi‑Year Special Dividends Altering The Investment Case For Singapore Airlines (SGX:C6L)?
In recent months, Singapore Airlines reported a nearly 68% year-on-year net profit slump despite record revenue and higher operating profit, largely due to losses on its Air India stake and weaker interest income.
At the same time, the airline unveiled a multi-year special dividend package of S$0.10 per share annually for three financial years, underlining management’s confidence in its balance sheet and cash-generation capacity.
Now we’ll examine how this profit slump alongside a multi-year...