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SATS Q2 profit falls 3.3%

Published Thu, Nov 13, 2014 · 09:50 PM

Singapore

SATS Ltd posted a 3.3 per cent decrease in net profit to S$47.1 million for the second quarter ended Sept 30, 2014, after the market closed on Thursday.

Operating profit was also lower, declining by 8.8 per cent to S$42.5 million, which the airport services group attributed to lower revenue.

Revenue for the quarter stood at S$442.2 million, inching down 2.2 per cent.…

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Companies & Markets

Companies & Markets

SATS Q2 profit falls 3.3%

Companies & Markets

China knockoff raid jolts a global throng of fake-fashion influencers

Tesla profits tumble but shares rise on new vehicle plan

Brokers’ take: CGS International upgrades Nanofilm to ‘hold’ despite lower target price

Roche cuts pipeline after research setbacks and sales drop

Brokerage Haitong removes long-term Hong Kong unit chief Lin, appoints new head

London stocks hit new record at open

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