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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.
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