Singapore’s national carrier saw its share price tumble from its 52-week high of S$7.60 to S$7.04 after it released its first quarter of fiscal 2026 (1Q FY2026) business update.
Subsequently, the blue-chip group saw its share price fall further to as low as S$6.80, capping a more than 10% decline from its year-high.
Year-to-date, shares of SIA have advanced just 5.7%, underperforming the Straits Times Index’s (SGX: ^STI) 11.1% rise.
Can SIA recover from this fall and soar high again? Read on to find out.
A mixed financial performance
For 1Q FY2026, SIA reported that total revenue inched up 1.5% year on year to S$4.8 billion.
However, total expenditure rose 3.2% year on year to S$4.4 billion as non-fuel expenses jumped 8.5% year on year to S$3.1 billion.
As a result, operating profit tumbled 13.8% year on year to S$405 million.
Net profit fared even worse, plunging by 58.8% year on year to S$186 million….
