SATS
SATS – Singapore Airport Terminal Services – is a provider of Airport Services and Food Solutions.
See below for the Latest SATS News, Analysis, Profit Results, Share Price Information, and Commentary.
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
Japan's Mitsui invests $36.4m to expand SATS food solutions in Asia
The investment will give Mitsui a 15% stake in SATS’ food solutions businesses.
SATS and SIAEC begin autonomous bus trials at Changi Airport in Q3
The initiative aims to boost airside productivity by automating driving tasks.
SATS splits gateway services business into two
Ground handling services now have APAC and Singapore divisions.
SATS upgrade airport lounges in Singapore
Improved Premier Lounge at Changi Airport Terminal 3 opened on 3 July.
SATS issues 4.3 million new ordinary shares
They will be listed on the SGX beginning 2 July.
Daily Markets Briefing: STI up 0.07%; Jardine Cycle & Carriage is top stock
Jardine Cycle & Carriage posted a 1.53% growth.
SATS finalises Sweden acquisitions
It acquired Terminal & Transporttjänst I Sigtuna AB and APH Logistics.
SATS returns to black with $56.4m FY24 profit
The airport service company credited its improved performance to record revenue.
SATS names ex-Cisco executive as chairman-designate
Outgoing chair Euleen Goh will be appointed as advisor to the chairman.
SATS secures handling for Air Canada’s Singapore service
Air Canada will roll out four weekly flights connecting Singapore and Vancouver.
Daily Markets Briefing: STI down 0.85%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 3.24% increase.
SATS and Sterling team up to expedite airside services for AOG shipments
The partnership aims to launch operations at airports in Sterling’s network soon.
SATS unit divests aircraft fueling business for US$46m
It was sold to a private direct investment firm.
SATS unveils $61m food solutions facility in India
The facility will specialize in manufacturing ready-to-eat food products.
Air cargo, regional travel growth spur SATS’ earnings recovery
The return of Chinese travellers is a positive for SATS’ food catering business.
SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024
Recovery of aviation food and flight volumes helped push up profits.
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