UOB Kay Hian’s Roy Chen has maintained his “market weight” rating on the aviation industry, saying that while its recovery is “on track”, this may be tempered by factors like high fuel costs and the uncertainty of China’s reopening.In his report dated June 21, the analyst notes that air ...

OCBC launched an inaugural sustainability challenge on Monday (Jun 6) calling on companies worldwide to pitch solutions that can address waste management and reduction challenges identified by food solutions provider SATS. 

As the aviation industry recovers with borders reopening, this bodes well for the ancillary services that support the airlines and airports around the world.For Singapore, ground handler Sats has returned to a full year of profitabili­ty, recording profits in all four quarters of its FY2022 ended M...

As the US Federal Reserve expects a total of seven interest rate hikes in 2022, DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong see a “base building month ahead” with June marking a peak in rate hike worries.The brokerage’s rates strategist is also estimating inflation ...

DBS Group Research has downgraded its call on SATS to “hold” from “buy” amid lower-than-expected Q4 results and rising cost pressures on operating margins.

DBS Group Research analyst Jason Sum has downgraded his recommendation on SATS to “hold” from “buy” after the group saw red again in the 4QFY2022 ended March.Sum has also lowered his target price to $4.50 from $4.90 previously as the food solutions and gateway services provider is likely to ...

SHARES of SATS tumbled as much as 4.2 per cent on Tuesday (May 31) after the food solutions and gateway services provider’s <a href="/companies-markets/sats-back-from-the-red-with-h2-earnings-of-s72-million" target="_blank">financial results</a> missed analy...

SHARES of SATS tumbled as much as 4.2 per cent on Tuesday (May 31) after the food solutions and gateway services provider’s <a href="/companies-markets/sats-back-from-the-red-with-h2-earnings-of-s72-million" target="_blank">financial results</a> missed analy...

SHARES of SATS tumbled as much as 4.2 per cent on Tuesday (May 31) after the food solutions and gateway services provider <a href="/companies-markets/sats-back-from-the-red-with-h2-earnings-of-s72-million" target="_blank">posted its financial results for the second ...

THE following companies saw new developments that may affect trading of their securities on Tuesday (May 31):