SATS sees 2Q earnings slide 7.6% to $60.7 mil as higher expenditure outweighs revenue growth

SATS sees 2Q earnings slide 7.6% to $60.7 mil as higher expenditure outweighs revenue growth

The Edge Singapore - Latest News·2019-11-12 18:37

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SINGAPORE (Nov 12): Airline gateway services and food solutions provider SATS reported earnings of $60.7 million for 2Q19-20 ended September, some 7.6% lower than earnings of $65.7 million a year ago.

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