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Lower expenditure helps SATS post stronger profit

Q3 net profit rises 12.8% to S$60.6m despite revenue slipping 2.2%


GROUNDHANDLER SATS has reported a net profit of S$60.6 million for the third quarter of the 2016 financial year, up 12.8 per cent from S$53.7 million a year ago, as a drop in expenditure gave the bottom line a boost.

This is despite revenue falling 2.2 per cent to S$441...

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