SIA Engineering Group has announced a net profit of $83.3m for the first half of the financial year ending 30 September 2025, marking a 21.1% increase compared to the previous year. This growth is attributed to a robust demand for maintenance, repair, and overhaul (MRO) services, which drove a 26.5% rise in group revenue to $729m. Despite a 25% increase in expenditure, the group’s operating profit improved by $9.6m to $13m.
The company’s share of profits from associated and joint venture companies also saw a significant rise, increasing by $12.7m to $71.3m. The engine and component segment contributed $68.6m, whilst the airframe and line maintenance segment added $2.7m. Basic earnings per share for the period stood at 7.45 cents.
In the second quarter alone, SIA Engineering reported a net profit of $40.4m, up $4.8m year-on-year, with operating profit reaching $7.9m. The company declared an interim dividend of 2.5 cents per share, payable on 28 November 2025.
The group continues to expand its MRO capabilities, supported by new agreements with Singapore Airlines and Scoot, valued at $1.3b over two years. Additionally, operations commenced at the new Techo International Airport in Phnom Penh, further enhancing their service network. Despite challenges from geopolitical tensions and supply chain issues, SIA Engineering remains focused on growth in the Asia-Pacific region and enhancing its core services.
