SIA's net profit up 2.3% to $367.9m in FY15

On back of lower fuel costs.

Singapore Airlines (SIA) reported that its full-year net profit grew 2.3% to $367.9m in FY14, on back of a steep decline in fuel costs.

SIA's net fuel cost declined by $263m during the year, but hedging activities caused the group to book a $549m hedging loss this year compared to a hedging gain of $87m in the previous financial year.

For the fourth quarter, SIA's net profit surged 46.7% to $39.6m, driven by lower opex from lower fuel prices and improved passenger yields.

THe group declared a full-year dividend of 31.2 cents, higher than the 30.3 cents it paid out in the previous financial year.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia