SATS RESULTS GOOD
GROUP EARNINGS   
2Q FY26 (1 July 2025 to 30 September 2025) 
Amid continued volatility to global trade flows, SATS Group achieved 2Q FY26 revenue of S$1.57 billion, an increase of 8.4% compared to the same period last year. The Group attributes this to strong cargo performance alongside steady contributions from ground handling and food services.  Gateway Services revenue rose 10.7% year-on-year to S$1.22 billion, driven by continued market share gains with cargo volumes that outperformed IATA&rsquo s global growth benchmarks. 
Food Solutions revenue grew 1.0% year-on-year to S$356.5 million, reflecting stable inflight meal demand amid air travel expansion in Asia-Pacific. Growth was modest as the prior year period benefited from catch-up pricing adjustments.   
The Group' s expenditure (excluding depreciation and amortisation) increased 6.7% year-on-year to S$1.26 billion.   
Operating profit for 2Q FY26 rose 23.7% year-on-year to S$157.4 million, with operating profit margin expanding to 10.0% from 8.8% in the prior year. This improvement reflects favourable operating leverage from volume growth and continued operational efficiency gains.
The share of earnings from associates and joint ventures decreased 7.5% to S$27.5 million year- on-year, due to ramp-up costs associated with new customer onboarding in a joint venture. The Group posted PATMI of S$78.9 million, an increase of 13.3% over 2Q FY25. 
1H FY26 (1 Apr 2025 to 30 September 2025)   
SATS Group achieved revenue of S$3.08 billion, an increase of 9.1% compared to the same period last year. Strong cargo volume growth along with contributions from ground handling and food services contributed to the Group&rsquo s performance.   
The Group' s expenditure (excluding depreciation and amortisation) increased 8.3% year-on-year to S$2.50 billion. 
Operating profit rose 17.7% year-on-year to S$282.6 million, with operating profit margin expanding to 9.2% from 8.5%, reflecting the Group&rsquo s focus on operational efficiency.   
The share of earnings from associates and joint ventures decreased 7.3% to S$60.6 million year- on-year, primarily due to a one-off net gain recognised in the prior-year period and ramp-up costs associated with new customer onboarding in a joint venture.   
The Group posted PATMI of S$149.8 million, an increase of 11.2%. 
GROUP FINANCIAL POSITION (as at 30 September 2025) 
Total equity increased by S$134.0 million, reaching S$2.90 billion as of 30 September 2025, compared to 31 March 2025. This increase was primarily attributed to the profit generated in the half year ended 30 September 2025.   
As of 30 September 2025, total assets stood at S$8.89 billion, an increase of S$5.5 million from 31 March 2025. Total liabilities decreased by S$128.5 million from 31 March 2025 to S$5.99 billion, due mainly to lower trade and other payables and the repayment of S$100 million in Singapore dollar Medium Term Notes (SGD MTN) in April 2025.   
GROUP EARNINGS   
2Q FY26 (1 July 2025 to 30 September 2025) 
Amid continued volatility to global trade flows, SATS Group achieved 2Q FY26 revenue of S$1.57 billion, an increase of 8.4% compared to the same period last year. The Group attributes this to strong cargo performance alongside steady contributions from ground handling and food services.  Gateway Services revenue rose 10.7% year-on-year to S$1.22 billion, driven by continued market share gains with cargo volumes that outperformed IATA&rsquo s global growth benchmarks. 
Food Solutions revenue grew 1.0% year-on-year to S$356.5 million, reflecting stable inflight meal demand amid air travel expansion in Asia-Pacific. Growth was modest as the prior year period benefited from catch-up pricing adjustments.   
The Group' s expenditure (excluding depreciation and amortisation) increased 6.7% year-on-year to S$1.26 billion.   
Operating profit for 2Q FY26 rose 23.7% year-on-year to S$157.4 million, with operating profit margin expanding to 10.0% from 8.8% in the prior year. This improvement reflects favourable operating leverage from volume growth and continued operational efficiency gains.
The share of earnings from associates and joint ventures decreased 7.5% to S$27.5 million year- on-year, due to ramp-up costs associated with new customer onboarding in a joint venture. The Group posted PATMI of S$78.9 million, an increase of 13.3% over 2Q FY25. 
1H FY26 (1 Apr 2025 to 30 September 2025)   
SATS Group achieved revenue of S$3.08 billion, an increase of 9.1% compared to the same period last year. Strong cargo volume growth along with contributions from ground handling and food services contributed to the Group&rsquo s performance.   
The Group' s expenditure (excluding depreciation and amortisation) increased 8.3% year-on-year to S$2.50 billion. 
Operating profit rose 17.7% year-on-year to S$282.6 million, with operating profit margin expanding to 9.2% from 8.5%, reflecting the Group&rsquo s focus on operational efficiency.   
The share of earnings from associates and joint ventures decreased 7.3% to S$60.6 million year- on-year, primarily due to a one-off net gain recognised in the prior-year period and ramp-up costs associated with new customer onboarding in a joint venture.   
The Group posted PATMI of S$149.8 million, an increase of 11.2%. 
GROUP FINANCIAL POSITION (as at 30 September 2025) 
Total equity increased by S$134.0 million, reaching S$2.90 billion as of 30 September 2025, compared to 31 March 2025. This increase was primarily attributed to the profit generated in the half year ended 30 September 2025.   
As of 30 September 2025, total assets stood at S$8.89 billion, an increase of S$5.5 million from 31 March 2025. Total liabilities decreased by S$128.5 million from 31 March 2025 to S$5.99 billion, due mainly to lower trade and other payables and the repayment of S$100 million in Singapore dollar Medium Term Notes (SGD MTN) in April 2025.   
Tonight is SATS results as well as SIA
I think SATS exceeds expecattions and SIA disappoints
This could be the start of SATS re-testing $4
I think SATS exceeds expecattions and SIA disappoints
This could be the start of SATS re-testing $4
MACD forming golden cross, all short term and long term moving averages pointng up, 200 MA started to curve up.
Looking forward to good results with positive forward guidance to propel towards $4.
Looking forward to good results with positive forward guidance to propel towards $4.
JurongW ( Date: 12-Nov-2025 12:42) Posted:
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Last year interim dividend was 1.5 cents. WIth increased profitability, see if it can fly to 3 cents this year
Luckygal ( Date: 12-Nov-2025 12:10) Posted:
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And higher dividend payout.
angsua3761 ( Date: 12-Nov-2025 10:39) Posted:
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Dedicate this song to SATS - I believe I can fly., I believe I can touch the sky, think about it night and day, spread my wings and fly away.....
R.Kelly - I Believe I Can Fly ❰ Official Music Video❱
 
R.Kelly - I Believe I Can Fly ❰ Official Music Video❱
 
let hope the fellow will fly like it sister company SIA Engineering which has risen
ever since the result was released. awaiting positive result tommorow for the mid                            term result
ever since the result was released. awaiting positive result tommorow for the mid                            term result
can chiong a not ?
at least 2-5% leh
 
at least 2-5% leh
 
despite the positive coverage, this stock seems to receive lack lustre
response. awaiting positive response on 13th Nov mid year result
response. awaiting positive response on 13th Nov mid year result
If it can generate 20% profit increase just like SIA eng, then this stock will surely go up, else likely to be rangebound
let hope this stock shines like its sister company SIA Engineering.
miss the chance to switch counter when both were trading same
same week ago.
miss the chance to switch counter when both were trading same
same week ago.
going back 350 n above , i think
 
 
going back 3.30 soon.....
 
 
kepoh88 ( Date: 13-Oct-2025 09:38) Posted:
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i think 350 coming first , then 360 ?
3.00 coming..!!
 
 
See if support at $3.40 - $3.43 can hold.  If breach, have to wait for price to stabilise before buying. 
Long term should be good as company has been doing SBB (16 days of SBB from 12 Sep - 10 Oct 25). The highest price it bought was $3.57 (467,100 shares) on 9 Oct.
Long term should be good as company has been doing SBB (16 days of SBB from 12 Sep - 10 Oct 25). The highest price it bought was $3.57 (467,100 shares) on 9 Oct.
passive_income ( Date: 11-Oct-2025 11:14) Posted:
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Tit for tat again. Next week going to nose dive.
Today profit taking for the past 2 weeks gains.
Not sure whether after lunch will the tide change for the pool of red Seas.
good chance to load more when it drops fast.