- Net profit attributable to equity owners plunged 81.8 percent to S$36.2 million for the three months ended June 30, 2017
- The profit in the same quarter last year was higher due to gains from the divestment of 10 percent stake in Hong Kong Aero Engine Services to Rolls-Royce Overseas Holdings and Hong Kong Aircraft Engineering
- Revenue up 0.4 percent year-on-year to S$272.8 million
- Operating environment for the maintenance, repair and overhaul industry remains challenging: company statement
- SIA Engineering specialises in aircraft maintenance, repair and overhaul services in the Asia-Pacific and is part of the Singapore Airlines Group
- Shares in the company fell 2.8 percent to S$3.76 on the Singapore Exchange