SUBSCRIBERS
Corporate digest
Published Thu, Apr 30, 2020 · 09:50 PM
Sats
GATEWAY services provider Sats expects its profit to decline by 60-70 per cent year-on-year for the fourth quarter ended March, resulting in a fall of up to 25 per cent for the full year.
In a profit guidance on Thursday evening, the firm added that it expects a loss of between S$50 million and S$70 million in Q1 FY2021, after accounting for government grants.
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
J&J advances US$6.48 billion settlement of talc cancer lawsuits
US holds quarterly debt sale steady, starts buybacks this month
US dollar nears six-month high after pre-Fed data shock, yen steady
KFC parent Yum reports surprise drop in global same-store sales on weak demand
Pfizer lifts 2024 profit view on cost cuts, higher Covid vaccine demand
Shell exits China power market businesses