T
Jul 21 at 02:36 AM
Singapore Airlines (C6L) → Will hold a shareholders' meeting on July 24 to defend its stake in Indian Airlines, which has dragged down FY25/26 performance with a loss share of S$945.2 million; the book value of its 25.1% stake dropped from $2.02 billion to $1.13 billion.
Indian Airlines dragging down Singapore Airlines' stock price has happened repeatedly. Will this round also result in paying the price?
Singapore Airlines' stock price has currently returned to rationality, but negative factors such as oil prices, international conflicts, and Indian Airlines continue to weigh it down.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.