SATS ( (SPASF) ) has released its Q2 earnings. Here is a breakdown of the information SATS presented to its investors.
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SATS Ltd., a Singapore-based company, operates primarily in the aviation services sector, providing inflight catering, ground handling, and gateway services across the Asia-Pacific region and beyond.
In its latest earnings report for the half year ended 30 September 2025, SATS Ltd. reported a revenue increase of 9.1% year-on-year, reaching $3.08 billion, driven by growth in cargo volumes and steady contributions from its ground handling and food services. The company’s operating profit rose by 17.7% to $282.6 million, reflecting improved operational efficiency and favorable operating leverage.
Key financial highlights include a significant increase in Gateway Services revenue by 11% to $2.39 billion and a modest growth in Food Solutions revenue by 3.2% to $684.8 million. The company also saw a rise in profit attributable to owners, reaching $149.8 million, an 11.2% increase from the previous year. However, the share of earnings from associates and joint ventures saw a slight decline due to one-off gains in the prior year and ramp-up costs for new customers.
Looking forward, SATS Ltd. remains focused on leveraging its global network to drive profitable growth amidst uncertain global trade flows. The company is expanding its capabilities in the Americas and EMEA regions to capture e-commerce and freight-forwarder volumes, while also enhancing its operations in Singapore to maintain its competitive edge.
Overall, SATS Ltd. is well-positioned to continue its growth trajectory by prioritizing operational efficiency and cost management, while adapting to evolving market conditions.