SATs Returns to Attributable Profit in Fiscal H1; Shares Slump 5%

MT Newswires

2024/11/08

SATs (SGX:S58) returned to a profit attributable to owners in the half-year ended Sept. 30 of SG$134.7 million from an attributable loss of SG$7.8 million a year ago, according to a filing with the Singapore Exchange on Thursday.

Earnings per share came in at SG$0.09 compared with loss per share of SG$0.005 in the year-ago period.

The company booked a revenue of SG$2.82 billion during the period, up from SG$2.46 billion a year earlier largely due to business volume growth.

The airport services company declared a tax exempt cash dividend of SG$0.015 for the period.

Shares of the company slumped 5% in recent trading.

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