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susanbloom
    25-May-2025 00:10  
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Totally agree.  It is crucial to see macro over macro rather than quarter over quarter. In fact, the trend for each quarter (including Q4 is rising exponsentially . As a FC (financial controller) in the UK and as an investor with no vested interest as of yet in this SATS company, I can assure you that the company results are EXCELLENT and have surpised many here in Europe, especially in France, Germany and in the UK. SATS is now thriving and should be given full  credit for completely turning around. This seems to now be one of the fastest growing  companies in ASIA and the potential for growth year over year seem to be astronomical.

MrBear12      ( Date: 24-May-2025 23:59) Posted:

Yes. Focus on full year.

This fellow is also recovering from those Covid days.

Safe for now to hold.

Dividends shld rise with increasing profits.

Barring unforseen events of course.



susanbloom      ( Date: 24-May-2025 23:55) Posted:

Please focus on the year as a whole. As of 31 March 2025, total equity strengthened to S$2.77 billion, an increase of S$209.4 million compared to 31 March 2024, primarily driven by profits generated during FY25. Total assets rose by S$402.7 million to S$8.88 billion as of 31 March 2025, largely attributable to increased right-of-use assets as the Group expanded its warehouse capacity to support business growth.  Quarters 1-3 have in the past, and will continue to be stronger. The bigger picture shows that revenue increased 13.0% to S$5.82B, driven by volume growth across all core business segments and market share gains in air-cargo. Also EBITDA grew 32.7% to S$1.04B with margin expansion from 15.2% to 17.8% while free cash flow2
  turned around from negative S$48.2M to positive S$228.3M and SATS achieved S$103M3 EBITDA integration synergies within two years, well ahead of expectations and well ahead of predictions by economists

The 4th Quarter this time was historically better than before. We know that i 4Q FY25 PATMI rose to $38.7M, an increase of 18.3% (or $6.0M) from $32.7M last year.  e also know that 4Q FY25 revenue improved by 10.4% (or $139.0M) to $1.48B from 4Q. In fact, this was driven by continued growth in both Gateway and Food. Gateway revenue grew by $105.4M, primarily resulting from an 11.0% increase in cargo tonnage. This increase was primarily driven by market share gains amid continued strong e-commerce demand. Additionally, Food revenue increased by $33.8M, primarily driven by increased travel and the ongoing recovery of the aviation sector in Asia. We also know that EBITDA improved 16.8% (or $37.1M) to $257.5M, recording a margin of 17.4% compared with 4Q FY24 of only 16.5%. 

As of 31 March 2025, total equity strengthened to S$2.77 billion, an increase of S$209.4 million compared to 31 March 2024, primarily driven by profits generated during FY25. Total assets rose by S$402.7 million to S$8.88 billion as of 31 March 2025, largely  attributable to increased right-of-use assets as the Group expanded its warehouse capacity to support business growth


 
 
MrBear12
    24-May-2025 23:59  
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Yes. Focus on full year.

This fellow is also recovering from those Covid days.

Safe for now to hold.

Dividends shld rise with increasing profits.

Barring unforseen events of course.



susanbloom      ( Date: 24-May-2025 23:55) Posted:

Please focus on the year as a whole. As of 31 March 2025, total equity strengthened to S$2.77 billion, an increase of S$209.4 million compared to 31 March 2024, primarily driven by profits generated during FY25. Total assets rose by S$402.7 million to S$8.88 billion as of 31 March 2025, largely attributable to increased right-of-use assets as the Group expanded its warehouse capacity to support business growth.  Quarters 1-3 have in the past, and will continue to be stronger. The bigger picture shows that revenue increased 13.0% to S$5.82B, driven by volume growth across all core business segments and market share gains in air-cargo. Also EBITDA grew 32.7% to S$1.04B with margin expansion from 15.2% to 17.8% while free cash flow2
  turned around from negative S$48.2M to positive S$228.3M and SATS achieved S$103M3 EBITDA integration synergies within two years, well ahead of expectations and well ahead of predictions by economists

The 4th Quarter this time was historically better than before. We know that i 4Q FY25 PATMI rose to $38.7M, an increase of 18.3% (or $6.0M) from $32.7M last year.  e also know that 4Q FY25 revenue improved by 10.4% (or $139.0M) to $1.48B from 4Q. In fact, this was driven by continued growth in both Gateway and Food. Gateway revenue grew by $105.4M, primarily resulting from an 11.0% increase in cargo tonnage. This increase was primarily driven by market share gains amid continued strong e-commerce demand. Additionally, Food revenue increased by $33.8M, primarily driven by increased travel and the ongoing recovery of the aviation sector in Asia. We also know that EBITDA improved 16.8% (or $37.1M) to $257.5M, recording a margin of 17.4% compared with 4Q FY24 of only 16.5%. 

As of 31 March 2025, total equity strengthened to S$2.77 billion, an increase of S$209.4 million compared to 31 March 2024, primarily driven by profits generated during FY25. Total assets rose by S$402.7 million to S$8.88 billion as of 31 March 2025, largely  attributable to increased right-of-use assets as the Group expanded its warehouse capacity to support business growth.

passive_income      ( Date: 24-May-2025 20:31) Posted:

Decline is not small percentage.. 2nd half earning 109.1mil but 4q only 38.7mil.. decline is from 3q 70.4mil to 38.7mil in 4q. Not sure if my undestanding is correct.


 
 
MrBear12
    24-May-2025 20:53  
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For passive income, this counter is fine.

Trade for small income
 

 
passive_income
    24-May-2025 20:31  
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Decline is not small percentage.. 2nd half earning 109.1mil but 4q only 38.7mil.. decline is from 3q 70.4mil to 38.7mil in 4q. Not sure if my undestanding is correct.
 
 
susanbloom
    24-May-2025 15:59  
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I agree but that is only a 3% differential but the company' s profit rose from 1% to 4% despite expansion and costs. Interest costs for SATS are exceptionally low and even with global expansion profits are 4.7% to 8.2%. " In the fourth quarter alone, SATS generated positive free cash flow of S$155.2 million, an improvement of S$36.7 million year-on-year, further demonstrating the Group' s enhanced cash generation capabilities. This is a macro growth company..

As THE EDGE says

" SATS has reported earnings of $243.8 million for the full year FY2025 ended March 31, 2025, increasing more than three-fold in earnings compared to the same period a year ago.For the 2HFY2025, earnings came in at $109.1 million, and for the 4QFY2025, earnings improved to $38.7 million.For the full year FY2025, group revenue grew 13% y-o-y to $5.8 billion, driven by a growth in business volumes and contributions from an expanded network of operations.SATS&rsquo Gateway Services revenue grew 10.6% y-o-y to $4.5 billion, reflecting strong air cargo performance across multiple sectors including high-tech shipments and e-commerce. This growth was further supported by volume shifts from ocean freight due to ongoing geopolitical uncertainties.Food Solutions delivered revenue of $1.4 billion, a 22.0% y-o-y increase, as global aviation travel continued its recovery trajectory, driving higher demand for inflight meals.Group expenditure for FY2025 increased 9.5% y-o-y to $4.8 billion in line with the expansion in business activities, and SATS recorded an operating profit of $475.7 million for FY2025, a 94.8% y-o-y increase.As a result, operating profit margin expanded from 4.7% to 8.2%, reflecting favourable operating leverage.The share of earnings from associates and joint ventures grew by 3.9% to $114.3 million, bolstered by overall business volume growth across our network, a one-off recovery gain for a long outstanding debt in Indonesia, and partially offset by bonus catch-up in several operating units for good performance.Scroll to continueAs at end March, total equity grew to $2.77 billion, up from the $209.4 million reported in the same period a year ago driven by profits generated during FY2025.The group&rsquo s total assets rose to $8.88 billion as at end March 2025, largely attributable to increased right-of-use assets as it expanded its warehouse capacity to support business growth.As at end March, total liabilities increased to S$6.11 billion, mainly due to higher lease liabilities, partially offset by the repayment of $200 million in Singapore dollar Medium Term Notes (SGD MTN) that matured in March 2025.SATS&rsquo free cash flow turned positive $228.3 million as at the end of March, due to higher operating profit achieved during the year with financial and liquidity management.The group generated a positive free cash flow of $155.2 million for the fourth quarter alone, an improvement of $36.7 million y-o-y signalling the group&rsquo s enhanced cash generation capabilities.SATS&rsquo board of directors have declared a final dividend of 3.5 cents per share, combined with the interim dividend of 1.5 cents per share, this brings the total full-year dividend to 5 cents per share.The group says that it will continue to pare down debt, reinvest in the business and enhance shareholder returns."

passive_income      ( Date: 23-May-2025 23:27) Posted:

Any idea why 4q revenue and profits dropped comapre to 3q. No explanation given in the report

 
 
Joelton
    24-May-2025 13:39  
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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
 
[SINGAPORE] In-flight caterer Sats : S58 0% on Friday (May 23) reported net profit of S$38.7 million for the three months ended Mar 31, 2025, gaining 18.3 per cent from S$32.7 million in the corresponding year-ago period.
 
This indicates earnings per share (EPS) of S$0.026 for the quarter, compared with S$0.022 in Q4 FY2024.
 
Revenue for the fourth quarter was S$1.5 billion, up 10.4 per cent year on year from S$1.3 billion. This was driven by continued business volume growth and rate improvements, said Sats in a media release.
 
The group has proposed a final dividend of S$0.035 per share, which will be paid on Aug 15, after shareholder approval. The book closure date is Aug 1.
 
This is higher than the final dividend of S$0.015 per share in the corresponding year-ago period.
 
The group&rsquo s gateway services segment revenue for the quarter rose 10.1 per cent on-year to S$1.2 billion, reflecting both favourable market conditions and continued market share gains.
 
The segment refers to Sats&rsquo airport terminal services, such as airfreight handling and baggage handling services, as well as cruise terminal and trucking services.
 
&ldquo Our cargo volumes outperformed the International Air Transport Association&rsquo s global growth benchmarks, supported by broad-based demand and the redirection of certain ocean freight to air cargo due to ongoing Red Sea disruptions,&rdquo said Sats.
 
Meanwhile, the food solutions segment revenue increased 11.4 per cent to S$331.1 million, propelled by stronger demand for inflight meals amid the continued recovery in global travel.
 
For the second half ended Mar 31, profit climbed 70.2 per cent to S$109.1 million, from S$64.1 million. The latter figure has been reclassified, as the group changed the classification of operating expenses in the condensed interim consolidated income statement to provide better clarity and understanding of its expenses.
 
The profit translates to an EPS of S$0.073, compared with S$0.043.
 
Revenue for the six months was S$3 billion, up 11.4 per cent from S$2.7 billion.
 
On a full-year basis, the group reported profit of S$243.8 million, soaring more than four times from S$56.4 million a year ago. Revenue came in at S$5.8 billion, gaining 13 per cent from S$5.1 billion a year ago.
 
Commenting on the results, Sats president and chief executive Kerry Mok said: &ldquo We captured S$103 million in Ebitda (earnings before interests, taxes, depreciation and amortisation) integration synergies in just two years, driven by the strength of our platform and disciplined execution.&rdquo
 
He highlighted &ldquo notable customer wins across (Sats&rsquo ) network, including multiple new cargo and ground handling contracts secured with key customers such as Air India, Emirates and DHL in major airports&rdquo .
 
Mok added that the group recently announced a phased investment of over S$250 million for Singapore Hub to upgrade ground operations and cargo handling infrastructure.
 
&ldquo This reflects our continued focus on operational excellence and our role in strengthening the broader Changi Airport ecosystem,&rdquo he said.
 

 
passive_income
    23-May-2025 23:27  
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Any idea why 4q revenue and profits dropped comapre to 3q. No explanation given in the report
 
 
dontbetray
    23-May-2025 23:08  
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u made a point

john_ric      ( Date: 23-May-2025 18:46) Posted:

3.5 cents is quite pathetic.

 
 
john_ric
    23-May-2025 18:46  
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3.5 cents is quite pathetic.
 
 
ruanlai
    23-May-2025 18:16  
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MEDIA RELEASE
SATS POSTS FULL YEAR NET PROFIT OF S$243.8 MILLION
Highlights of FY25 (YoY)
 Revenue increased 13.0%1 to S$5.82B, driven by volume growth across all core
business segments and market share gains in air-cargo
 EBITDA grew 32.7% to S$1.04B with margin expansion from 15.2% to 17.8%
 Free cash flow2 turned around from negative S$48.2M to positive S$228.3M
 Achieved S$103M3 EBITDA integration synergies within two years, well ahead of
expectations
 Proposed final dividend for the year of 3.5 cents per share
 

 
angsua3761
    23-May-2025 10:39  
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added with a much needed divident payout

zhixuen      ( Date: 23-May-2025 09:10) Posted:

The result  of Changi Airport Group and Singapore Airline is good, SATS should not be bad at least. 

benlwl      ( Date: 22-May-2025 11:24) Posted:

With the exceptional results from SingTel today, will SATS be achieving exceptional results as well after this Friday' s trading hours? 🤔


 
 
zhixuen
    23-May-2025 09:10  
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The result  of Changi Airport Group and Singapore Airline is good, SATS should not be bad at least. 

benlwl      ( Date: 22-May-2025 11:24) Posted:

With the exceptional results from SingTel today, will SATS be achieving exceptional results as well after this Friday' s trading hours? 🤔

 
 
benlwl
    22-May-2025 11:24  
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With the exceptional results from SingTel today, will SATS be achieving exceptional results as well after this Friday' s trading hours? 🤔
 
 
123Sang
    20-May-2025 22:59  
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recovered quite alot from 2.46 low early last month....

angsua3761      ( Date: 20-May-2025 10:36) Posted:

moving at snail pace despite the impending full year result this Friday....

123Sang      ( Date: 19-May-2025 16:05) Posted:

push on " news" ..


 
 
angsua3761
    20-May-2025 10:36  
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moving at snail pace despite the impending full year result this Friday....

123Sang      ( Date: 19-May-2025 16:05) Posted:

push on " news" ...

BinderyT      ( Date: 19-May-2025 15:15) Posted:

Thanks.   But I thought T5 was announced long time ago.   Oh well


 

 
123Sang
    19-May-2025 16:05  
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push on " news" ...

BinderyT      ( Date: 19-May-2025 15:15) Posted:

Thanks.   But I thought T5 was announced long time ago.   Oh well.

123Sang      ( Date: 19-May-2025 14:43) Posted:

because of Terminal 5


 
 
BinderyT
    19-May-2025 15:15  
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Thanks.   But I thought T5 was announced long time ago.   Oh well.

123Sang      ( Date: 19-May-2025 14:43) Posted:

because of Terminal 5?

BinderyT      ( Date: 19-May-2025 13:54) Posted:

Both SIA and SATS moved up a lot against STI.

Anyone know what' s driving it


 
 
123Sang
    19-May-2025 14:43  
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because of Terminal 5?

BinderyT      ( Date: 19-May-2025 13:54) Posted:

Both SIA and SATS moved up a lot against STI.

Anyone know what' s driving it?

msksmsks      ( Date: 16-May-2025 12:16) Posted:

Bear san,,

Great to see u here too

Perhaps $3.5 short term

Cheers 


 
 
dontbetray
    19-May-2025 14:23  
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go check it out my post at sia drill baby drill

BinderyT      ( Date: 19-May-2025 13:54) Posted:

Both SIA and SATS moved up a lot against STI.

Anyone know what' s driving it?

msksmsks      ( Date: 16-May-2025 12:16) Posted:

Bear san,,

Great to see u here too

Perhaps $3.5 short term

Cheers 


 
 
BinderyT
    19-May-2025 13:54  
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Both SIA and SATS moved up a lot against STI.

Anyone know what' s driving it?

msksmsks      ( Date: 16-May-2025 12:16) Posted:

Bear san,,

Great to see u here too

Perhaps $3.5 short term

Cheers 

MrBear12      ( Date: 16-May-2025 09:18) Posted:

Caught you here mks.

Happy investing

Four dollars perhaps?


 
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