I hoped yesterday that it will drop further because of the " bad report" - but actually if you check WHY it dropped :( you will see that it is 100% expected and actually EPS grew.
Sad
Sad
tongphlp ( Date: 14-May-2026 20:04) Posted:
|
Net prfit:(S$1.18) billion, which beat Visible Alpha' s consensus estimate of(S$1.08) billion.
 
spursfan ( Date: 14-May-2026 20:19) Posted:
|
Air India records record annual loss above $2 billion, shareholder results show
https://www.reuters.com/world/india/air-india-posts-annual-loss-28-billion-singapore-air-results-show-2026-05-14/
https://www.reuters.com/world/india/air-india-posts-annual-loss-28-billion-singapore-air-results-show-2026-05-14/
Singapore Airlines&rsquo FY2026&rsquo s net profit declines by 57.4% to $1.18 billion despite record revenue
Singapore Airlines&rsquo net profit fell by 57.4% to $1,184 million despite recording a record revenue of $20,522 million for FY2026, for the 12 months to March 31, up 5% y-o-y or $982 million. The decline was due to the absence of the $1,098 million non-cash accounting gain recognised in November 2024 upon the completion of the Air India-Vistara merger. The swing from a share of profits of associated companies last year to a loss this year (-$846 million) was due to the group accounting for its share of Air India&rsquo s full year losses, versus only four months the previous year.
SIA has proposed a final dividend of 22 cents and the second tranche of special dividend of 7 cents. Interim dividend was five cents while interim special dividend was 3 cents, translating into a total dividend of 37 cents.
Group expenditure rose $317 million (+1.8%) to $18,148 million, as the higher non-fuel expenditure (+$677 million +5.4%) was partially offset by lower net fuel cost (-$361 million -6.7%). Non-fuel expenditure increased mainly due to the overall capacity expansion and higher costs that were driven by inflationary pressures. Net fuel cost decreased due to the 5.6% contraction in full-year average fuel prices (-$310 million) and higher fuel hedging gains (-$88 million), partially offset by increased volumes uplifted (+$221 million).
As a result of higher revenue growth, and lower expenditure growth, operating profit rose by 39% or $665 million y-o-y for the 12 months to Mar 31.
Debt-to-equity ratio fell to 0.62 times as at Mar 31 compared with 0.82 times a year ago due to lower debt and higher shareholders equity.
Cash and bank balances declined by $0.3 billion to $7.9 billion, mainly due to capital expenditure (-$2.6 billion), dividend payments (-$1.2 billion), repayment of borrowings (-$1.3 billion), and lease payments (-$0.6 billion). These were partially offset by $5.1 billion of net cash generated by operations and the issuance of bonds (+$0.5 billion). The Group also held $1.7 billion in fixed deposits with tenors longer than 12 months, classified under other assets. The Group has access to $3.3 billion in committed lines of credit, all of which remain undrawn.
Operationally, SIA and Scoot carried a record 42.4 million passengers in FY2026, up 7.7% y-o-y as air travel remained firm. Group passenger load factor (PLF) rose 1.1 percentage points to 87.7%, as traffic growth of 4.7% outpaced capacity expansion of 3.4%. Passenger yields rose 1.0% to 10.4 cents per revenue passenger-kilometre.
SIA says it is committed to its 25.1% investment in the Air India Group. SIA is working closely with its partner Tata Sons to support Air India&rsquo s multi-year transformation programme. However, Air India faces headwinds such as industry-wide supply chain constraints, air space restrictions, constraints on operations to its key Middle East markets, and elevated jet fuel prices.
Upcoming Dividend/Distribution Dates
| Type | Dates | Amount |
|---|---|---|
| Dividend | Ex Date: 2026-08-11 Record Date: 2026-08-12 Payout Date: 2026-08-28 |
SGD 0.29 (2 components)   |
|   | Final Dividend For FY Ending 2026-03-31 | SGD 0.22 | Tax Exempted (1-tier) |   |   |
|   | Special Dividend For FY Ending 2026-03-31 | SGD 0.07 | Tax Exempted (1-tier) |
spursfan ( Date: 14-May-2026 17:48) Posted:
|
falling knives and daggers and hammers
JurongW ( Date: 14-May-2026 18:45) Posted:
|
Good bonus 5mth plus
tongphlp ( Date: 30-Apr-2026 13:39) Posted:
|
Net profit drop more than 57%. 
Air india contributed loss of 828 million.
EPS drop from 89 cents to 38 cents.
NAV 5.48
ROE drop from 17.4 to 7.2%
Expect share price to drop tomorrow.
 
Air india contributed loss of 828 million.
EPS drop from 89 cents to 38 cents.
NAV 5.48
ROE drop from 17.4 to 7.2%
Expect share price to drop tomorrow.
 
SIA GROUP FULL-YEAR OPERATING PROFIT RISES 39% TO $2.4B AS REVENUE REACHES RECORD LEVEL
- Strong growth in operating profit on healthy demand for air travel, higher yields, and lower full year net fuel cost
- Net profit declined due to the absence of a prior year one-off accounting gain, coupled with the share of full year losses from Air India
- The Group continues to leverage its robust balance sheet, dual brand airline portfolio and digital capabilities to pursue growth opportunities and elevate customer experience, amid volatile operating environment
- Proposed total dividend for FY2025/26 of 37 cents per share, including a proposed final dividend of 22 cents and second tranche special dividend of 7 cents 
https://links.sgx.com/1.0.0/corporate-announcements/LYKXI99PPJMU0T2B/888805_nr-q4fy2526.pdf
 
If 623 fail to hold, then let' s see if share price can bounced off the trendline support at ~615.
bleed non stop...
honesty ( Date: 30-Apr-2026 10:19) Posted:
|
staff strength fm AI is 25,620, wonder how they will feel with air india needing so much money from the main shareholders, pte shareholders also get turned off, should have used the invested money for expansion, so sad no one can do anything 
Alignment ( Date: 30-Apr-2026 10:14) Posted:
|
Does not seem like a good use of money.
Also too many PR distractions like this halal issue.
Also too many PR distractions like this halal issue.
No more money. Need to pump in $3b to save Air India.
alexvar ( Date: 29-Apr-2026 16:33) Posted:
|
Yah. Invest in APNN airline with hidden agendas.
belugacat ( Date: 29-Apr-2026 18:33) Posted:
|
This is also not a good stock to invest?
alexvar ( Date: 29-Apr-2026 16:33) Posted:
|
WTH is going on?
Why stopped stock buybacks?
Stock price is so low now compared to early March 2026.
 
Why stopped stock buybacks?
Stock price is so low now compared to early March 2026.
 
| 09 Mar 2026 07:30 AM | SINGAPORE AIRLINES LIMITED | MULTIPLE | Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice | Share Buy Back-On Market |
| 06 Mar 2026 07:30 AM | SINGAPORE AIRLINES LIMITED | MULTIPLE | Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice | Share Buy Back-On Market |
| 05 Mar 2026 07:30 AM | SINGAPORE AIRLINES LIMITED | MULTIPLE | Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice | Share Buy Back-On Market |
| 04 Mar 2026 07:30 AM | SINGAPORE AIRLINES LIMITED | MULTIPLE | Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice | Share Buy Back-On Market |
| 03 Mar 2026 07:33 AM | SINGAPORE AIRLINES LIMITED | MULTIPLE | Share Buy Back - Daily Share Buy-Back Notice::Daily Share Buy-Back Notice | Share Buy Back-On Market |
There appears to be a lack of transparency from SIA, as this news has yet to be disclosed on the SGX announcement page.
If formally announced, the news could weigh on sentiment and exert some pressure on the share price.
The share price has closed below the 50/200 EMA this week and is about to form a death cross if the decline continues next week.
Next support level near ~6.45.
SIA drop due to this news 
https://www.theedgesingapore.com/news/funds/air-india-asks-tata-singapore-air-funds-after-us24-bil-loss
 
https://www.theedgesingapore.com/news/funds/air-india-asks-tata-singapore-air-funds-after-us24-bil-loss
 
March 2026 Operating statistics
https://links.sgx.com/1.0.0/corporate-announcements/AHLARXD1AT8JOAM9/884112_opstats-mar26.pdf
https://links.sgx.com/1.0.0/corporate-announcements/AHLARXD1AT8JOAM9/884112_opstats-mar26.pdf