Singapore Airlines shares fall 6% as profit nearly halves amid intensifying competition [CNBC]
SINGAPORE AIRLNS UNSP/ADR (SINGY)
NASDAQ:AMEX Investor Relations:
singaporeair.com/en_uk/sg/about-us/information-for-investors
Company Research
Source: CNBC
As markets opened on Monday, the stock fell 6.2%, before later recovering to trade lower at 3.72%. Net profit in the first half of the fiscal year came in at $742 million SGD ($559.12 million), 48.5% lower than the $1.44 billion SGD in the same period a year ago. Shares of Singapore Airlines dropped after the city-state's flag carrier reported a fall of almost 50% in net profit for the April to September period, citing lower yields and growing competition. As markets opened on Monday, the stock fell 6.2%, before later recovering to trade lower at 3.72%. Net profit in the first half of the fiscal year came in at $742 million SGD ($559.12 million), 48.5% lower than the $1.44 billion SGD in the same period a year ago. Operating profit for the airline fell 48.8% to $796 million SGD, down from $1.55 billion SGD a year ago, while revenue increased 3.7% to $9.5 billion SGD. Despite the reduction in profit, the airline maintained an interim dividend of 10 cents a share. Singapo
Show less
Read more
Impact Snapshot
Event Time:
SINGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SINGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SINGY alerts
High impacting SINGAPORE AIRLNS UNSP/ADR news events
Weekly update
A roundup of the hottest topics
SINGY
News
- Airlines Add Perks, Meals And Chance To Win 500,000 Miles This Fall [Forbes]Forbes
- You Can Now Get One Of The Best Champagnes 30,000 Feet In The Air [Forbes]Forbes
- The world's longest-range, single-aisle plane is poised to shake up transatlantic travel [CNN]CNN
- The world's longest-range, single-aisle plane is poised to shake up transatlantic travel [CNN]CNN
- Asia's airlines blame supply chain woes for disrupted operations [Yahoo! Finance Canada]Yahoo! Finance Canada