Sia Engineering Co. Ltd. · SGX:S59
Sia Engineering — Shareholder Meeting (July 2024)
10 slides from Sia Engineering's shareholder meeting presentation, Jul 19, 2024
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING Presentation by CEO 19 July 2024
Slide 2: FY23/24 At a Glance
FY23/24 At a Glance FY23/24 FY22/23 Variance Revenue ($M) 1,094.2 796.0 +298.2 (+37.5%) Operating Profit/Loss ($M) 2.3 -26.3 +28.6 (n.m#) ❖ Group operating performance returned to first full-year GPAT ($M) 97.1 66.4 +46.2% profit since the pandemic Return on Equity 5.8% 4.1% +1.7 ppts ❖ Revenue incr
Slide 3: Outlook
Outlook Flights Handled at Changi Airport Flight Recovery (% of pre-COVID levels) 94% (Flight Count) 149,804 146,289 79% 39% 105,139 38% 47,885 27,727 22% FY21/22 FY22/23 FY23/24 FY19/20 FY20/21 FY21/22 FY22/23 FY23/24 Approaching Full Recovery 3
Slide 4: Industry Challenges
Industry Challenges Inflationary Tight Labour Supply Chain Pressures Market Hurdles 4
Slide 5: Realising Our Growth Strategies
Realising Our Growth Strategies Line Base Component Engine Maintenance Maintenance Services Services • New JVs with Cambodia • Expanding our Base • Growing third-party business • Expanding our LEAP Airport Investment Co. Maintenance footprint and with 12-year A320 Inventory engine capabilities and (
Slide 6: Strategic Partnerships – JV Portfolio
Strategic Partnerships – JV Portfolio 24 Subsidiaries and Joint Ventures Across 8 Countries with Total Revenue of S$7.0B in FY23/24 Key Highlights Engine and Component • Wholly-owned subsidiary in Malaysia Singapore Aero Engine Eagle Services Asia (ESA) Component Aerospace • Three new JVs across Mal
Slide 7: Sustainability
Sustainability SIAEC’s Initiatives Increased Utilisation of Renewable Energy • Further expansion of solar panels in Singapore and Philippines Electrification • Electrifying ground equipment & Sustainable Air hub Implementation of TCFD & Transitioning • CAAS unveiled Sustainable Air Hub Blueprint whi
Slide 8: Awards and Accolades
Awards and Accolades MRO Asia-Pacific Awards Technology Excellence Talent Management SkillsFuture Employer 2023 “Innovation of the Awards 2024, Digital – (Silver) and Learning and Awards 2023 (Silver) by Year” by Aviation Week Aviation Award by Singapore Development (Silver) by SkillsFuture SG Netwo
Slide 9: Priorities Ahead
Priorities Ahead Develop and Bolster Exercise Prudent Press Ahead with Our Talent Pipeline Cost Management Continuous Improvement Sharpen Our Focus on Digital, Data and Productivity and Growth Technology Safety and Quality: Guiding Every Action 9
Slide 10: Thank you
Thank you
SIA Engineering Company — Shareholder Meeting (July 2024) on 6ix