SILKRAILS.WORDPRESS.COM (GCTL8.com – FOCUSASIA MEDIA Ltd)

SINGAPORE, May 19 (FAM) – Singapore Airlines (SIA) on Thursday announced a net loss of 138 million Singapore dollars (99.12 million U.S. dollars) in the quarter from January to March, compared to 225 million Singapore dollars net profit in the same period a year ago.

SIA said its full-year net profit shrank by 55.2 percent to 360 million Singapore dollars (258.60 million U.S. dollars) partly due to net loss recorded in the January-March period.

 

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