StockTalk (5.18): Singapore Airlines rewards its staff with an 8-month bonus payout after achieving its highest profit in 76 years
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Singapore Airlines ( $SIA(C6L.SG$ ) has announced that it will be granting eligible "rank-and-file staff"employees a profit-sharing bonus of 6.65 months, along with a maximum ex-gratia bonus of 1.5 months as a reward for their hard work and sacrifices during the pandemic.
Singapore Airlines has announced significant financial improvements after releasing its results on Tuesday (May 16). The airline reported an increase in annual revenue by 133.42% to 17.775 billion SGD and achieved an operating profit of 2.692 billion SGD. This marks a turnaround from the previous fiscal year where they incurred a loss of 610 million SGD and experienced three consecutive years of losses. As a result, the group paid out a year-end dividend of 28% share after a hiatus of three years. Furthermore, thanks to strong demand, Singapore Airlines posted itshighest annual net profit in its 76-year history, indicating a full-year turnaround.
Are you satisfied with your bonus this year? Did you earn one from the stock markets? Have you considered buying SIA shares to potentially share in the profits?
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Sufy87 : 8 Months bonus for the last 3 years of no bonus. Should look as things objectively.
Malice73 : It is time to reward their staff! Well done SIA!
Raar : grateful. better than no job
No_Horse_Run_4896 : Happy that everything is changing for the better for them, SIA definitely deserves it
ASIMPLEJOB : kind of happy with sia performance, jealous of their employees getting such a bonus payout, hoping sia share price will soar higher and further like their destinations
FuFu 888 : they really charge high price,
101531161 : cabin crews basic very low only
Ixy The Cat : how come this thread shows up in SEA?
102390247 : Why no happy for them option. Seem people only think negative.
SF25727 : SIA well done!
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