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SIA - Higher first half net profit of S$206M but subsidiary Scoot faces challenges

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  • Net profit for the second quarter rose 68 per cent to $94 million
  • Strong passenger traffic growth continues to support operating performance
  • Cargo demand remains weak amid trade uncertainties
  • Vistara accelerates expansion and commences international operations¬†

See:

https://www.singaporeair.com/saar5/pdf/Investor-Relations/Financial-Results/News-Release/nr-q2fy1920.pdf

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