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Sembcorp Industries, through its wholly-owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), has received the letter of award (LOA) for a 300MW inter state transmission system connected solar power project from NHPC Limited, bringing its gross renewables portfolio in India to 3.7GW.
Sembcorp Industries, through its wholly-owned renewables subsidiary Green Infra Wind Energy Limited (GIWEL), has received the letter of award (LOA) for a 300MW inter state transmission system connected solar power project from NHPC Limited, bringing its gross renewables portfolio in India to 3.7GW.
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Hi, mooers!
Singapore Airlines has once again been honored with the Best Airline and Best First Class Airline awards at the 2023 World Airline Awards, making it the fifth consecutive year that the airline has achieved this distinction.
Air travel, suppressed by the pandemic, saw a significant recovery in 2022-2023. SIA promptly scaled up its capacity to meet the ongoing surge in demand. According to the AAPA March Transport Report, ...
Singapore Airlines has once again been honored with the Best Airline and Best First Class Airline awards at the 2023 World Airline Awards, making it the fifth consecutive year that the airline has achieved this distinction.
Air travel, suppressed by the pandemic, saw a significant recovery in 2022-2023. SIA promptly scaled up its capacity to meet the ongoing surge in demand. According to the AAPA March Transport Report, ...
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$C6L.SG$ : Sharing another BIG news for your reading pleasure. What's your views on SIA future after reading the news below? 😁😁😁 Would you dare to short SIA anymore? 😁😁😁
Plans to remodel Commonwealth Games to help countries like Singapore become hosts.
SINGAPORE – The Commonwealth Games Federation (CGF) has plans to remodel the multi-sport event so that more countries like Singapore can stage it, even as it works to find a new host for the 2026 Games.
New CGF president and former Wales rowe...
Plans to remodel Commonwealth Games to help countries like Singapore become hosts.
SINGAPORE – The Commonwealth Games Federation (CGF) has plans to remodel the multi-sport event so that more countries like Singapore can stage it, even as it works to find a new host for the 2026 Games.
New CGF president and former Wales rowe...
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$C6L.SG$
Phillip Securities maintained reduce on SIA and lower tp to 5.45 from 6.80.
1H24 net earnings beat their estimates, at 82% of their FY24e forecast. It surprised them with an 18.8% YoY lower fuel bill despite the higher capacity and a SGD244m gain from fuel hedging. They raised their FY24e estimates by 14.3% to factor in the stronger 1H earnings.
Growth was driven by strong passenger load (+38% YoY), while yields have begun to fall (-8.5%). Cargo remains weak as volume (-6.0%) and y...
Phillip Securities maintained reduce on SIA and lower tp to 5.45 from 6.80.
1H24 net earnings beat their estimates, at 82% of their FY24e forecast. It surprised them with an 18.8% YoY lower fuel bill despite the higher capacity and a SGD244m gain from fuel hedging. They raised their FY24e estimates by 14.3% to factor in the stronger 1H earnings.
Growth was driven by strong passenger load (+38% YoY), while yields have begun to fall (-8.5%). Cargo remains weak as volume (-6.0%) and y...
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Stable Growth & Solid Financials
$C6L.SG$ recorded a historic high operating profit and net profit in the past six months. The half-year operating profit was $1,553.8 million (+25.9% YoY), while the net profit reached $1,441.1 million (+55.5% YoY). The company achieved a higher operating profit of $319.4 million, with an improvement in net interest income compared to net finance charges from the previous year by ...
$C6L.SG$ recorded a historic high operating profit and net profit in the past six months. The half-year operating profit was $1,553.8 million (+25.9% YoY), while the net profit reached $1,441.1 million (+55.5% YoY). The company achieved a higher operating profit of $319.4 million, with an improvement in net interest income compared to net finance charges from the previous year by ...
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