Market View: Unpacking Singapore Airlines' latest earnings release
Published on 11 Nov, 2024
Singapore Airlines Group's net profit fell 48.5% YoY to $742m in H1 FY2024/2025 on weaker operating performance. Shares of the city's flag carrier dropped after it reported a slump in profits due to increased competition and higher fuel costs.
Isaac Lim, Chief Market Strategist at investment platform moomoo Singapore joins The Afternoon Update to unpack details of the earnings release and shares his take on the charts for SIA's stocks.
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