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Analysts mixed on SATS’ 1HFY2024 results

Douglas Toh
Douglas Toh • 8 min read
Analysts mixed on SATS’ 1HFY2024 results
SATS announced a loss of $7.8 million for the half after taking into account higher interest expense, marking a $24.7 million or 76% improvement y-o-y from 1HFY2023’s loss of $32.5 million. Photo: SATS
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Following the release of Singapore Airport Terminal Services (SATS)’ 1HFY2024 ended Sept 30 results, analysts are mixed, despite the group’s results meeting expectations.

On Nov 10, SATS announced a loss of $7.8 million for the half after taking into account higher interest expense, marking a $24.7 million or 76% improvement y-o-y from 1HFY2023’s loss of $32.5 million.

See more: SATS’ 1HFY2024 loss of $7.8 million marks 76% improvement y-o-y

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