- Singapore Airlines reported a net income of S$52.4 million in the second quarter of 2025, reflecting an 82% decrease compared to the previous year.
- Operating profit increased by 23% year-on-year to S$398.4 million.
- Fuel costs were reduced by 5.5%, amounting to S$1.29 billion.
- There was a fuel hedging loss reported at S$15 million.
- Basic earnings per share stood at S$0.017.
- Passenger load factor improved across the group, reaching 87.9% from 85.8% last year.
- Singapore Airlines specifically had a passenger load factor increase to 86.9% from 85.1%.
- Scoot’s passenger load factor rose to 91.4% from 88.3% year-on-year.
- Passenger yield per kilometer for Singapore Airlines decreased by 0.9% to S$0.11.
- The available seat-kilometers increased by 1.6% to 35.58 billion.
- Revenue Passenger Kilometers (RPK) went up by 5.1% to 40.00 billion, with Singapore Airlines accounting for 30.91 billion of RPK, a 3.7% increase.
- Overall revenue increased by 2.2% to S$4.88 billion.
- For the first half of the year, an interim dividend per share of S$0.05 was declared.
- Commentary highlighted that net profit was affected by losses from Air India and lower interest income.
- The air cargo segment faces uncertainty, and the industry challenges include geopolitical factors.
- Singapore Airlines proposed a capital return plan and plans for an annual special dividend of S$0.10 per share for three years.
- Market sentiment shows no buys, 6 holds, and 9 sells for Singapore Airlines stock.
Singapore Airlines on Smartkarma
Analysts on Smartkarma are closely monitoring Singapore Airlines, with Henry Soediarko recently publishing a bearish report titled “Singapore Airlines (SIA): Losing from Higher Crude Oil Price.” Soediarko highlights the potential earnings impact faced by Singapore Airlines due to the Middle East crisis and the rising crude oil prices. With a significant cost exposure to crude oil, around 30% of its total cost, Singapore Airlines may see its earnings take a hit. Despite the challenges, the airline’s high dividend yield could offer some short-term support.
Investors are advised to pay attention to the analysis provided by Soediarko and other independent analysts on Smartkarma, as they delve into the various factors affecting Singapore Airlines‘ performance and profitability. The insights provided by these analysts can offer valuable perspectives on the airline’s financial outlook and help investors make informed decisions regarding their investment in Singapore Airlines.
A look at Singapore Airlines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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
Analysts have given Singapore Airlines a positive long-term outlook based on its Smartkarma Smart Scores. With a strong Dividend score of 5, investors can expect consistent and attractive dividend payouts from the company. Additionally, the company scores highly in Growth and Resilience at 4, indicating potential for sustainable growth and ability to weather market challenges. However, Singapore Airlines‘ Value score of 3 suggests that the stock may not be undervalued compared to its peers, and its Momentum score of 3 indicates a moderate level of market momentum. Overall, the company’s diverse business segments including air transportation, engineering, pilot training, air charter, and tour wholesaling services across multiple regions position it well for long-term success.
Singapore Airlines Limited, a leading provider of air transportation services covering various regions globally, has received favorable Smartkarma Smart Scores. The company’s strong focus on delivering consistent dividends, coupled with robust growth prospects and resilience in the face of market challenges, portrays a promising future. While the Value and Momentum scores may not be as high, Singapore Airlines‘ established presence in key markets such as Asia, Europe, the Americas, South West Pacific, and Africa solidify its position as a key player in the airline industry. Investors looking for a company with a solid dividend track record and growth potential may find Singapore Airlines an attractive long-term investment option.
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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