Sats sets five-year revenue target of $8 billion, delivers strong second-quarter results

Quick Summary:

Demand up for Sats airport support and ground-handling service.

Profit for the quarter ended Sept 30 stood at $69.7 million, soaring 214 per cent from the same quarter a year ago.

This came on the back of a 14.1 per cent year-on-year increase in revenue to $1.5 billion for the same period.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Quarter Year Revenue Services Cent Million Singapore Billion Sats Period Demand

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 21:16:26 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 698 words

Reading Time: 4 minutes read

Sentences: 33 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 23470425

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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