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food solutions
Results
SATS posts 9% fall in 2Q earnings to $66 mil; declares 6-cent dividend
SINGAPORE (Nov 8): SATS Ltd, the provider of gateway and food solutions, has announced 2Q19 earnings of $65.7 million, down 9% from $72.2 million a year ago in the absence of a one-off gain on disposal of assets held for sale, as well as lower contributio
November 08, 2018
Aviation & Engineering
SATS an attractive 'buy' at price levels below $5.15, says OCBC
SINGAPORE (June 14): OCBC Investment Research is upgrading its call on SATS Limited to “buy” from “hold” with an unchanged fair value of $5.50.
June 14, 2018
Broker's Calls
Steady fundamentals keep SATS's long-term outlook above ground
SINGAPORE (May 31): UOB Kay Hian, DBS Vickers Securities and Maybank Kim Eng are maintaining their “buy” calls on SATS post the gateway services and food solutions provider’s release of its 4Q18 results, which declined from a year ago due to lower
May 31, 2018
Broker's Calls
Strong fundamentals keep SATS grounded in robust long-term outlook
SINGAPORE (May 22): UOB Kay Hian is keeping SATS at “hold” with a higher target price of $5.05 from $4.60 previously after the airline gateway services and food solutions provider reported $67 million in earnings for the fourth quarter ended March 31.
May 22, 2017
Broker's Calls
How SATS profited from Hanjin's loss in 3Q
SINGAPORE (Feb 10): Maybank Kim Eng is maintaining its “sell” call on SATS with an unchanged price target of $3.76, despite noting a “good quarter” where the gateway and food solutions provider’s core PATMI came in 14% higher than the research
February 10, 2017
Broker's Calls
Time to play the waiting game on SATS
SINGAPORE (Aug 30): OCBC Investment Research is keeping its “hold” call on SATS and raising its fair value to $4.70 from $4.20 previously, based on the group’s current lofty valuations.
August 30, 2016
SATS wins tender to build and operate Saudi cargo terminal
SINGAPORE (Aug 22): Ground handling and inflight catering service provider SATS has been awarded a tender to build and operate a cargo terminal within Saudi Arabia’s new cargo village in Dammam, which is in the vicinity of King Fahd International Airpor
August 22, 2016