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SIA Engineering
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Hidden gem
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stockpicker
Master |
12-Aug-2026 08:33
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https://simplywall.st/stocks/sg/transportation/sgx-s59/sia-engineering-shares |
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Joelton
Supreme |
24-Jul-2026 09:36
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SIA Engineering Q1 net profit down 6.1% at S$40.3 million [SINGAPORE] Aircraft maintenance provider SIA Engineering Company : S59 -0.61% on Thursday (Jul 23) reported a net profit of S$40.3 million for the first quarter ended Jun 30, down 6.1 per cent from a year ago. The group&rsquo s revenue for Q1 FY2027, at S$327.6 million, was 8.6 per cent lower year-on-year due to lower revenue from materials, with a commensurate reduction in the cost of materials. Excluding materials, however, revenue was up 4.2 per cent year-on-year, the group said in a business update. Group expenditure declined 11 per cent to S$314.4 million due to lower material and repair costs. Consequently, the group recorded an operating profit of S$13.2 million, an improvement of S$8.1 million from a year ago. Earnings per share stood at S$0.036, down from S$0.0384 for the same period in FY2026. Share of profits from associated and joint venture companies for the quarter was S$31.0 million, down 18 per cent from a year ago. Share of profits from the group&rsquo s engine and component segment fell by S$7 million, or 19.2 per cent, due to investment costs incurred for capacity and capability expansion. However, this amount was partially offset by higher engine shipments. Share of profits from the group&rsquo s airframe and line maintenance segment was S$200,000 or 14.3 per cent higher due to growth in flight handling volume. The group recorded 2.9 per cent more flights handled in Singapore during the quarter compared to a year ago. This was in spite of flight cancellations from some airline customers arising from the Middle East conflict. The group said that demand for the group&rsquo s maintenance, repair and overhaul services remained stable in Q1. This was despite geopolitical tensions, supply chain constraints and inflationary pressures. &ldquo Given the dynamic operating environment, we continue to focus on operational nimbleness, driving productivity and maintaining rigorous cost discipline across our business units,&rdquo said the group. The counter closed 0.6 per cent or S$0.02 lower at S$3.27 before the update on Thursday. |
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stockpicker
Master |
08-Jul-2026 16:09
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Instituion were selling before and they are now buying for the last 3 weeks since 15 June. 
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Joelton
Supreme |
04-Jul-2026 14:13
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SIA Engineering, Air India ink MOU to explore MRO collaboration opportunities [SINGAPORE] SIA Engineering : S59 +0.29% and Air India on Friday (Jul 3) signed a memorandum of understanding (MOU) to explore opportunities to collaborate in maintenance, repair and overhaul (MRO) aspects. This move aims to support the development of India as a global aviation MRO hub, said a statement. It could include the &ldquo potential formation&rdquo of an MRO joint venture in India, said SIA Engineering, serving the rising needs of the Indian and regional aviation markets. Under the venture, the group will leverage its MRO and technical expertise, as well as Air India&rsquo s airline operations network, to jointly develop a world-class MRO ecosystem in India. In May 2024, SIA Engineering was appointed as Air India&rsquo s base maintenance strategic partner for the development of the airline&rsquo s base management facilities in Bangalore, India. Chin Yau Seng, chief executive officer of SIA Engineering, said the group aims to leverage its technical expertise to jointly develop an MRO partnership that will play an integral role in Air India&rsquo s pursuit of operational excellence and potentially serve customers both within and outside the country. &ldquo This initiative goes beyond fleet support it is about realising India&rsquo s vast MRO potential,&rdquo he added. Shares of SIA Engineering closed 0.3 per cent or S$0.01 higher at S$3.47 on Friday before the news. |
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stockpicker
Master |
04-Jul-2026 11:30
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More MRO business opportunity. https://www.businesstimes.com.sg/companies-markets/sia-engineering-air-india-ink-mou-explore-mro-collaboration-opportunities |
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stockpicker
Master |
01-Jul-2026 12:55
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Has been a few days. Morning short, afternoon will recover some and the volume is diminishing. Sound like accumulation going on and not many are 
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stockpicker
Master |
26-Jun-2026 11:40
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It will be correct to say that the business might be affected if the management staff,esp the CEO, holding many other positions. In a Corporation like SIA Engineering, the CEO is usually the one managing the businesses and not the Chairman or Deputy Chairman. Not sure how much the Chairman and Board member of SIA Engg got a month. Most Chairman or Board members of Corporations just draw an allowance, some around $500/- per month. Don' t think they wanted to be involved in day to day operations. On the other hand, it is always good to have Chairman and Board members coming from various disciplines with wide Corporate knowledges in other Corporations to help the management to steer the direction of the Corporation. | ||
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tongphlp
Supreme |
26-Jun-2026 10:15
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not a good sign....too free.. shd be running his biz
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stockpicker
Master |
26-Jun-2026 07:50
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SIA Engineering Company Limited (S59.SI)
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Joelton
Supreme |
25-Jun-2026 09:26
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SIA Engineering&rsquo s Lim Sim Seng to chair new Skills and Workforce Development Agency [SINGAPORE] The Ministry of Manpower on Wednesday (Jun 24) announced the inaugural board for the Skills and Workforce Development Agency (SWDA), a newly established statutory board. The SWDA will officially launch on Jul 1, marking the merger of SkillsFuture Singapore and Workforce Singapore. Taking the helm as the agency&rsquo s board chairman is Lim Sim Seng, who joins with a 42-year career background spanning the commercial and public sectors. He brings significant financial and management expertise to the new statutory board, having previously served as the DBS Singapore country head and the group head for DBS group consumer banking and wealth management. Lim formerly served as the chairman at the Singapore Land Authority from Aug 2014 to Aug 2020, and also the chairman of the Building and Construction Authority from Sep 2020 to Mar 2025. He currently serves as the deputy chairman of SIA Engineering and the Singapore High Commissioner (non-resident) to the Federal Republic of Nigeria. Lim will be supported by 11 other board members representing local enterprises, multinational corporations, the public sector and tripartite partners. This will ensure the SWDA remains closely attuned to the shifting needs of both employers and workers. Among the notable private sector leaders joining him, is Rachel Lim &ndash co-founder of the fashion brand Love, Bonito. She is also the founder of the media platform RachReflects and serves as a board member for the non-profit organisation Room to Read. The other private sector and industry leaders appointed to the board include:
Board members from Singapore&rsquo s tripartite partners and public service agencies are:
Dilys Boey will also join the team as CEO. Prior to this, she was the deputy CEO (industry clusters) at Enterprise Singapore. The inaugural SWDA Board will serve a two-year term from Jul 1, 2026, to Jun 30, 2028. |
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stockpicker
Master |
24-Jun-2026 19:17
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Anyone buying? Pushed up to 3.42 today, the resistance at 3.2 already broken. Now ready to move up. | ||
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stockpicker
Master |
21-Jun-2026 09:12
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Good dividend coming in August
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ruanlai
Elite |
08-Jun-2026 10:23
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Positive news for SIAE!
EPS improves from Q1! Div 8c in Aug Back above $3.30 soon DYODD! |
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Joelton
Supreme |
08-Jun-2026 09:34
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SIA Engineering, France&rsquo s Safran in US$118 million JV for aircraft engine maintenance in Singapore The two will establish a full-fledged shop for maintenance of CFM Leap aircraft engines [SINGAPORE] SIA Engineering Company : S59 0% (SIAEC) has partnered French aerospace giant Safran Aircraft Engines in a US$118 million joint venture (JV) to set up a full-fledged aircraft engine shop in Singapore. This will provide maintenance, repair and overhaul (MRO) services for CFM Leading Edge Aviation Propulsion (Leap) engines, the engineering arm of Singapore Airlines said in a bourse filing on Saturday (Jun 6). Safran will hold a 51 per cent equity stake in the JV, while SIAEC will own the remaining 49 per cent. Currently, SIAEC performs quick-turn maintenance for Safran&rsquo s Leap engines at its Aircraft Engine Services facility in Changi North. These operations will be folded into the new JV, &ldquo forming the foundation for a future state-of-the-art engine MRO facility&rdquo , said SIAEC. The new facility will increase engine servicing capacity and broaden the range of maintenance services available for Leap-1A and Leap-1B engines, said SIAEC. These engines power the Airbus A320 neo family and Boeing 737 Max aircraft. Financial effects Of the estimated US$118 million in investment, SIAEC will contribute up to US$57.8 million &ndash including US$13.7 million in in-kind contributions &ndash and Safran up to US$60.2 million. Further capital injection can be made in one or more tranches. If SIAEC had made the total contribution of US$57.8 million on Mar 31, its consolidated earnings per share would have increased by around 6.5 per cent to S$0.1608, said the group. Meanwhile, the group&rsquo s consolidated net asset value per share would have risen 0.6 per cent to S$1.579. Wong Yue Jeen, SIAEC chief commercial officer, said the JV builds on the group&rsquo s Leap 10-year engine maintenance services agreement with Safran, signed in 2019, to provide engine maintenance services to the French manufacturer. It also combines Safran&rsquo s original equipment manufacturer expertise with SIAEC&rsquo s &ldquo MRO excellence&rdquo , Wong noted. This will help meet growing demand for Leap engine servicing in the Asia-Pacific region, added Safran executive vice-president of support and services Nicolas Potier. Shares of SIAEC closed flat at S$3.18 on Friday, before the announcement. |
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JurongW
Elite |
07-Jun-2026 18:39
Yells: "Earnings give weight, Chart give wings" |
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⚡ Investor Takeaways
🛠 Risks & Considerations
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ruanlai
Elite |
07-Jun-2026 18:27
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https://links.sgx.com/FileOpen/SGXNet_2025_06_06%20JVA%20with%20SAE%20vf.ashx?App=Announcement&FileID=891604 | ||
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JurongW
Elite |
29-May-2026 20:03
Yells: "Earnings give weight, Chart give wings" |
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Short term trade aim for 3.40?
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stockpicker
Master |
29-May-2026 19:54
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This counter was heavily shortedd in past weeks and it has moved sideways and now ready to move. | ||
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ruanlai
Elite |
28-May-2026 23:22
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Malaysia Gets New Singapore Airlines Engineering MRO Facility
SIAEC?s new 590,000-square-foot Subang facility can handle six widebody aircraft simultaneously, including Airbus A350 and Boeing 787 checks. https://aviationa2z.com/index.php/2026/05/27/malaysia-gets-new-singapore-airlines-engineering-mro-facility/ |
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JurongW
Elite |
24-May-2026 14:59
Yells: "Earnings give weight, Chart give wings" |
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