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SATS Q1 earnings up 29% on one-time disposal gain

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Earnings for airport ground handling firm SATS grew 29.2 per cent in the first quarter, boosted by a one-time gain from the sale of property.

Singapore

EARNINGS for airport ground handling firm SATS grew 29.2 per cent in the first quarter, boosted by a one-time gain from the sale of property.

The firm recorded net profit of S$64.1 million for the three months ended June 30, up from S$49.6 million a year ago. This