SIA Engineering's net profit rises to $41.9m in Q3 FY2025-26

Revenue grew by 8.7% despite start-up costs at two new subsidiaries.

SIA Engineering Group recorded a net profit of $41.9m for the third quarter ended 31 December 2025, up $3.7m from the previous year.

Revenue for the quarter grew 8.7% year-on-year to $353.1m whilst expenditure increased 8.4% to $347.1m, according to the group’s press release.

Higher costs were attributed to manpower, subcontract services, materials, IT system implementation, and start-up expenses at two new subsidiaries.

Operating profit grew by $1.3m to $6m, despite initial gestation losses at the new subsidiaries.

Share of profits of associated and joint venture companies for the quarter was $38.8m, up $6.6m. Improvements from the Engine and Component segment and the Airframe and Line Maintenance segment were $6.2m and $400,000, respectively.

As of 31 December 2025, equity attributable to owners of the parent stood at approximately $1.71b, down 0.7% from 31 March 2025.

The decline was due to a reduction in the foreign currency translation reserve and the payment of the final dividend for the previous financial year, the group added.

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