SUBSCRIBERS
SATS Q1 earnings up 29% on one-time disposal gain
Published Thu, Jul 21, 2016 · 09:50 PM
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 translates to earnings of 5.8 cents per share.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Porsche posts Q1 profit drop on ramp-up costs
IBM plots US$730 million expansion of Canadian semiconductor site
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Yeo Guat Kwang, John Chen retiring from corporate boards
US: Wall St opens higher
Air China orders homegrown C919s in challenge to jet duopoly