Singapore Airlinesbottom line earnings to S$202.6 million from S$281 million a year ago, on the back of lower operating profit and higher non-operating costs related to SilkAir's refleeting and restructuring. For the full year, the national carrier's net profit fell 47.5 per cent to S$683 million despite a record revenue of S$16.3 billion, from S$15.8 billion a year ago. Operating profit and dividends were also down. SIA stock fell four Singapore cents or 0.4 per cent to finish at S$9.
shares closed 0.19 per cent, or one Singapore cent up at S$5.22 on Thursday., State Alpha, for Ying Li International Real Estate has closed. The resultant shareholding of the offeror and parties acting in concert is 72.04 per cent. State Alpha had on April 18 said that it was making an offer for the Chongqing-based property developer at S$0.14 per share. The offer was triggered after the offeror bought about 767.
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