SINGAPORE (May 23): DBS Vickers Securities is remaining positive on SATS with a “buy” call and target price of $5.44, on the belief that Changi Airport and regional aviation growth will continue to drive the gateway services provider’s long-term earnings growth. This comes after SATS ended FY...

THE fourth-quarter net profit for ground handler and in-flight catering services provider SATS dropped 23.7 per cent to S$49.9 million, from S$65.4 million a year ago, mainly due to the absence of one-off gains, the company announced on Friday, before the market opened.

Submitted By:  Luz Wendy Noble Case Study:  No Earnings per share fell to $0.223. SATS ended its FY1819 on a dismal note as profits dipped 5% YoY to $248.4m from $2...

FOURTH-QUARTER net profit for ground handler and in-flight catering services provider, SATS dropped 23.7 per cent to S$49.9 million, from S$65.4 million a year ago, mainly due to the absence of one-off gains, the company announced on Friday morning before the market opened. 

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

SINGAPORE (May 17): SATS continues its revenue growth with its FY18 ending Mar 31 results, with a 6% increase y-o-y to $1.8 billion, on the back of another strong 4Q2018 ending Mar 31 results which saw revenue grow 11.3% y-o-y to $471.5 million. Earnings however fell 5% y-o-y for FY18 to $248.4 mil...

SINGAPORE (May 9): SATS and PSA International on Thursday signed a memorandum of understanding (MOU) to provide cargo owners and logistics service providers with seamless connectivity. This partnership plans to improve supply chain efficiency and to boost Singapore’s status as a key multimodal tr...

Submitted By:  Danielle Isaac Case Study:  No The contracts cover inflight catering, cabin and cargo handling, as well as services for Scoot. Singapore Airlines (SI...

NATIONAL carrier Singapore Airlines (SIA) and groundhandler SATS have renewed a suite of aviation services contracts for the next five years, they said in a joint release on Tuesday after market close.

SINGAPORE (April 30): Singapore Airlines (SIA) and SATS Ltd have agreed to renew a suite of aviation services contracts for the next five years as part of their bid to strengthen Singapore’s overall competitiveness as a hub. For the next five years starting from April 1, SIA and SilkAir contracts...