Home Capital Results

SATS posts earnings of $5.1 mil in 3Q business update

Felicia Tan
Felicia Tan2/23/2022 07:05 PM GMT+08  • 2 min read
SATS posts earnings of $5.1 mil in 3Q business update
The group would have seen a loss of $33.0 million in the quarter if not for the reliefs from the government.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SATS has reported earnings – or PATMI – of $5.1 million in the 3QFY2021/2022 ended December, a reversal from the loss of $3.1 million in the same period the year before.

However, the bottom line support would’ve been a loss of $33.0 million, down from 2QFY2021/2022’s loss of $30.1 million, if not for the government reliefs.

Group revenue improved by 22.6% y-o-y to $307.8 million in the 3QFY2021/2022, due to broad-based growth in all segments, supported by travel growth.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now