Singapore Airlines stock fall after first quarter profit declines
Singapore Airlines and subsidiaries – civilian jet planes at Singapore, Chagi International Airport.
Universal Images Group | Getty Images
Singapore Airlines (SIA) shares fell after the carrier 59 % decrease reported 2025/2026 In the first quarter of the financial year.
LSEG’s data fell by more than 8% of the SIA stock and noted the largest day decline since August 2024. It is currently trading 7.11% lower.
According to the company’s earnings report, the net profit fell to $ 186 million ($ 144 million) for the quarter ended on June 30th. The decline was attributed to losses caused by interest income and partners.
In the first quarter, the operating profit fell to $ 405 million with a decrease of 13.8% annually.
Singapore Airlines shares decrease above 8% after providing profit in the first quarter.
“Decrease in net profit, lower interest income behind lower cash balances and interest rates, and a lower interest income that records the share of the losses of related companies compared to the same quarter last year.” He said.
Singapore’s flagship carrier, the loss of Air India’s equivalent quarter results in 2024, he said.
Singapore Airlines started to account for Air India since December 2024 after Vistara was completely united in the airline. SIA now has 25.1% shares in Air India.
However, despite the geopolitical uncertainties, SIA said that air travel and cargo demand remained strong.
