Singapore, November 7 (ANI): Last week, Singapore Airlines, the city-state’s national carrier, reported a record first-half operating profit of SGD 1.23 billion (USD876 million) for the period which ended in September. It was also the best-ever quarterly profit of SGD 678 million, eclipsing the previous best of SGD 674.6 million achieved almost 15 years ago in Q3 2007-08.
For the corresponding period a year ago, the airlines suffered a loss of SGD 602 million for the first half and a loss of SGD 345 million for the second quarter of its financial reporting period which starts in April.
Net profit came in at SGD 927 million (USD660 million) for the half compared with a net loss of SGD 837 million in the same period in the financial year 2021-22