Thursday 28 Mar 2024
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SINGAPORE (May 30): SATS, the gateway services and food solutions provider, reported earnings of S$65.4 million for 4Q18 ended March, 1.8% lower compared to a year ago.

For FY18, SATS reported earnings of S$261.5 million, 1.4% higher than a year ago, underpinned by strong contribution from associates and joint ventures and higher non-operating gains. Earnings per share rose 0.9% to 23.4 cents.

In 4Q18, group revenue decreased 0.5% year-on-year to S$423.5 million. Food solutions’ revenue declined 2.4% to S$228.3 million, while Gateway services’ revenue grew...(click on link for full story on theedgesingapore.com)
 

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