3QFY2019 results

Aviation & Engineering

SIA Group reports 1.4 ppt increase in overall passenger load factor to 84.5%, announces reshuffling of senior management

The announcements come after SIA on Feb 14 reported a 10.9% growth in earnings to $314.8 million for 3QFY2019, as revenue edged up by 3% to $4.47 billion during the quarter.


Singtel reports 24% lower 3Q earnings of $627 mil, braces for lower equipment sales, sales of lower margin devices in 4Q

Looking ahead, Singtel is expecting intense competition and carriage declines amid weaker business and consumer sentiments. However, the group's dividend guidance for FY2019 currently remains unchanged at 17.5 cents.


Telcos expected to face 5G cost challenges and new competitors in 2020

SINGAPORE (Dec 20): The telco sector has seen quite a shake-up this year as new entrant TPG Telecom starts to spin up its 4G network, while incumbent M1 was successfully taken private.