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The Straits Times·Business

SIA’s first-half profit falls 43.9% as fuel costs bite

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SIA’s first-half profit falls 43.9% as fuel costs bite

Singapore Airlines reported a 43.9 per cent drop in first-half profit as higher fuel costs weighed on results. Revenue still rose 16.8 per cent to 11.3 billion dollars, showing sales growth did not offset the cost pressure.

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