- 1st Quarter net income for Singapore Air reached S$186.1 million.
- Operating profit for the period was S$404.5 million.
- Fuel costs amounted to S$1.26 billion.
- Basic Earnings Per Share (EPS) stood at S$0.063.
- Overall group airlines achieved a passenger load factor of 87.6%.
- Singapore Airlines passenger load factor was slightly lower at 86.6%.
- Scoot airlines had a higher passenger load factor at 91.5%.
- Singapore Air’s passenger yield per kilometer was S$0.110.
- The airline’s available seat-kilometers totaled 35.03 billion.
- Revenue Passenger Kilometers (RPK) reached 38.76 billion overall, with Singapore Airlines contributing 30.34 billion RPK.
- Total revenue for Singapore Air was reported at S$4.79 billion.
- Analysts’ recommendations included 3 buys, 7 holds, and 4 sells.
Singapore Airlines on Smartkarma
Analyst coverage of Singapore Airlines on Smartkarma reveals insights from Henry Soediarko, who authored the report “Singapore Airlines (SIA): Losing from Higher Crude Oil Price.” Soediarko highlights the potential earnings impact on Singapore Airlines due to the Middle East crisis and rising crude oil prices. With a bearish sentiment, the report notes that the airline faces significant cost exposure, with crude oil accounting for up to 30% of total costs. While the company’s high dividend yield may offer some near-term support, the looming threat of higher crude oil prices could adversely affect its earnings.
A look at Singapore Airlines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Singapore Airlines shows a positive long-term outlook. With a strong dividend score of 5, investors can expect good returns from dividends. The company also scored well in growth, resilience, and momentum, all indicating a promising future. Although the value score is not the highest, the overall high scores suggest that Singapore Airlines is positioned well for success in the long run.
Singapore Airlines Limited, known for its air transportation services across various continents, has displayed a solid performance based on Smartkarma Smart Scores. Offering services in Asia, Europe, the Americas, South West Pacific, and Africa, the company’s diverse operations contribute to its resilience and growth prospects. With a focus on dividends and a strong momentum, Singapore Airlines appears to be a favorable choice for investors looking for stability and potential growth in the airline industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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