SATS
Sats Q2 net profit up 13.3% at S$78.9 million as clients front-load orders ahead of US tariffs
The group declares an interim dividend of S$0.02 per share, higher than S$0.015 a year ago
Singapore shares fall on Friday, in line with regional declines; STI slips 0.2%
Across the broader market, decliners exceed advancers 359 to 216, as 1.4 billion securities worth S$1.4 billion change hands
Sats rises 2.5% on Q1 profit growth
The counter climbed 5.7% to hit a three-week high of S$3.36 in early trade
Sats grows Q1 profit 9.1% to S$70.9 million with higher cargo, food service volumes
Significant customer wins by the airline caterer include Cathay Cargo, Emirates SkyCargo and Riyadh Air
Sats opens new cargo handling facility at Changi to cut processing time by 20%
The BUP Handling Centre can process cargo in as little as two hours
Sats CEO Kerry Mok’s pay rises 30.5% to S$3.1 million
Group suspends economic value added-based incentive plan for senior management from April 2024, but grants one-off transformation long-term incentives award
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says
Sats Q4 profit rises 18.3% to S$38.7 million
The group has proposed a final dividend of S$0.035 per share, which will be paid on Aug 15, after shareholder approval
Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport
These strategic initiatives will also enhance operational reliability and safety, and optimise turnaround times
