Roy Chen of UOBKH notes that the $70.9 million net profit in the period was “broadly in-line” with his expectation, forming 27.3% of his full-year forecast.
SATS group’s 1QFY2026 ended June results, with earnings growing 9.1% y-o-y to $70.9 million and revenue rising 9.9% y-o-y to $1.51 billion, have largely pleased analysts across the board.
With this, the analysts at UOB Kay Hian (UOBKH), DBS Group Research (DBS) and CGS International (CGSI) have kept their respective “buy” and add” calls, at respective raised target prices of $3.52 from $3.22, $3.80 from $3.50 and $3.83 from $3.60 previously.
