SINGAPORE (Mar 11): SATS plans to tap the rising demand for ready-to-eat meals. The airport ground handling and airline catering services provider says it will start a $25 million kitchen and food technology business that can preserve nutritional qualities and optimise taste while extending shelf l...

SINGAPORE (Mar 5): The earnings season is over for now and more companies have beat their FY18 results expectations than missed, with large-caps mostly boosted by one-off gains, according to CGS-CIMB Research in a Monday report. Analyst Lim Siew Khee says, “We think YTD FSSTI’s outperformance (...

The company is considering whether to more aggressively pursue growth through acquisitions. The post Temasek-backed SATS said to tap advisers to review M&A strategy appeared first on DealStreetAsia.

Submitted By:  Arianna Danganan Case Study:  No Aviation-related activities contributed around 80% of SATS’ revenue in Q3. Changi Airport’s robust throu...

CGS-CIMB has upgraded SATS to "add", while Citi and DBS Group Research maintained at "buy".

SINGAPORE (Feb 14): Analysts are keeping a rather positive stance on SATS following its 3Q19 results announcement on Wednesday. The group posted a 3.5% y-o-y increase in its 3Q19 earnings to $68.9 million, on the back of a 5.5% increase in revenue to $464.0 million. Share of results of associates/j...

Submitted By:  Arianna Danganan Case Study:  No The increase was due to revenue improvements in both its food solutions and gateway services. SATS’ profits fo...

THE following companies saw new developments that may affect trading of their shares on Thursday:

SATS' third-quarter net profit rose 3.5 per cent to S$68.9 million, following growth in food solutions and gateway services, and higher contributions from its associates and joint ventures.

SATS saw third-quarter net profit rise 3.5 per cent to S$68.9 million, following growth in food solutions and gateway services, and higher contributions from its associates and joint ventures.