A-SMART HOLDINGS LTD business profile

A-Smart Holdings Ltd., an investment holding company, provides a range of print management services in Singapore and internationally. The company operates through Print Media, Corporate and Others, and Smart Technologies segments. The Print Media segment is involved in the printing of financial research reports, annual reports, asset management reports, initial public offering prospectuses, corporate brochures, yearbooks, trade directories, magazines, and other commercial publications and collaterals. The Corporate and Others segment operates in media and event management activities. The Smart Technologies segment develops, sells, and redistributes smart IT solutions, gadgets, and software and hardware products. It also engages in publishing; selling, leasing, servicing, and maintaining technology systems; and property investment activities. The company was formerly known as Xpress Holdings Ltd and changed its name to A-Smart Holdings Ltd. in October 2016. A-Smart Holdings Ltd. was founded in 1986 and is headquartered in Singapore.

A-SMART HOLDINGS LTD company news

Singapore Airlines Vows to Expand Capacity Despite Rising Competition
(Nov 11): Singapore Airlines Ltd said it doesn’t plan to rein in expanding its capacity despite previously warning of a tougher outlook as competition from rivals intensifies.
Singapore Airlines reported a 59% plunge in its net income in the second quarter last Friday, as intensifying competition lowered airfares and eroded profitability. The airline warned earnings would remain under pressure through the end of the fiscal year.
The airline said on Monday it is witnessing a “broad-based” decline in yields throughout its aircraft from business to coach affecting virtually all routes. It said rivals are pouring in additional capacity that is putting pressure on airfares.
Still, chief executive officer Goh Choon Phong pointed out at Monday’s post-results briefing that the carrier’s load factors, how busy passenger planes were, remained high and demand continued to be robust.
Singapore Airlines also said it is feeling the impact of the aviation industry’s widespread supply-chain headaches, estimating it is likely to have five fewer aircraft than planned by the end of the current fiscal year, with 204 jets in fleet, due to delivery delays.