SIA's share price fell sharply after it reported its latest earnings. We find out what is driving the weakness in SIA's share price. What happened? Singapore Airlines (SIA) saw a sharp fall in its share price today. As of 10am, SIA’s share price has declined by more than 8% to reach $6.76. The share price decline came after SIA reported its earnings for third quarter fiscal year 2023/24 ended 31 December 2023. SIA announced net profit of S$659 million in the quarter, an increase of 4.9% compared to the previous year. This would bring its net profit for the first nine month of fiscal year 2023/24 to S$2.10 billion, falling short of investor expectations. Let us find out what is driving weakness in SIA’s earnings and share price. Source: Company data What you need to know about SIA results #1 – Revenue reaches record high SIA reported revenue of S$5,082 million for the quarter, an increase of 4.9% compared to the previous year....