SATS

Singapore stocks fall as US strikes Iran despite peace talks; STI down 0.8%

Across the broader market, losers beat gainers 322 to 257, after 1.9 billion securities change hands

CEO Kerry Mok says Sats has “a lot of growth opportunities”, including investments in AI and new geographies, as well as refreshing its assets.

Sats may reward shareholders with special dividend if there’s spare cash

The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20% Ebitda margins

Sats' Q4 revenue stands at S$1.6 billion, up 9.8% year on year from S$1.5 billion.

Shares of Sats up 6.4% after posting rise in Q4 earnings

Net profit for its quarter ended Mar 31 grows 31% to S$50.7 million

Sats president and CEO Kerry Mok says the group has been "working closely with customers to maintain their cargo flows as routes and lanes shift" amid the Middle East conflict.

Sats posts 31% rise in Q4 profit despite impact of Middle East conflict

Its board proposes a final dividend of S$0.05 a share, up from S$0.035 in the year before

Kerry Mok, president and CEO of Sats, says the Covid-19 pandemic clearly showed that the group needed to strengthen through diversification.
OUTSTANDING CHIEF EXECUTIVE OF THE YEAR

How Sats CEO Kerry Mok turned the group’s lowest ebb into sky-high results on a global stage 

He explains why good leaders need to own everything, recruit people smarter than them and ‘over-communicate’

Winners at the 41st SBA (from left) Old Chang Kee CEO William Lim; Trip.com CEO Jane Sun; Grab group CEO Anthony Tan; Sats CEO Kerry Mok; and Mlion CEO Eric Leong.
SINGAPORE BUSINESS AWARDS 2026

Grab group CEO Anthony Tan takes top prize at 41st Singapore Business Awards

Other winners at the annual event include Sats’ Kerry Mok and Trip.com’s Jane Sun

SGX Group offers medium-term guidance on revenue, expenses, capital expenditure and dividend policy.
BOARDROOM MATTERS

Responsible forward-looking disclosures

Investors expect transparent insight into companies’ strategic direction, risk exposure and future prospects

This brings Sats' ownership of Nanjing Weizhou Airline Food Corporation to 90%, following its initial purchase of a 50% stake in 2019.

Sats acquires additional 40% stake in China aviation meal producer for 312.6 million yuan

The move will let the group capitalise on Chinese airlines’ increasing adoption of frozen food

DBS says it remains broadly negative on the airline sector, as margins are likely to remain under pressure through 2027 given the magnitude and persistence of the fuel shock.
BROKERS’ TAKE

Market ‘underestimating’ fuel impact on aviation sector: DBS

The brokerage provides its pecking order for Singapore aviation stocks

Sats is expected to post earnings growth of 12.9% in FY2026, in view of its “global presence and dominant position in both gateway services and food catering”. 
BROKERS’ TAKE

Maybank initiates ‘buy’ on Sats, citing cargo growth prospects

The brokerage has set a target price of S$4.52 for the in-flight caterer and ground handler