SIA results hit by high costs and strong dollar

1997-05-28T00:00:00

Rising costs and a strong Singapore dollar which weakened passenger yields undermined Singapore Airlines' (SIA) financial performance for the year ending 31 March. The lacklustre results included only a marginal profit rise of 0.6% and an increase in net profit to $1.032 billion ($714 million) from a revenue of $7.22 ...

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