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SATS earnings for 3QFY2025 up 123.5% y-o-y to $70.4 million on business volume growth and rate increases

Nicole Lim
Nicole Lim • 3 min read
SATS earnings for 3QFY2025 up 123.5% y-o-y to $70.4 million on business volume growth and rate increases
The group’s revenue for gateway services, food solutions and cargo volumes saw increases, on the back of travel recovery. Photo: SATS
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SATS reported earnings for the 3QFY2025 ended Dec 31, 2024 of $70.4 million, up 123.5% y-o-y from the previous reporting period, due to scale and operating leverage derived from higher business volume and rate increases from customers. 

For the 9MFY2025, the group reported earnings of $205.1 million up 765.4% y-o-y. 

The group reported a revenue increase of 12.5% y-o-y for the 3QFY2025 period to $1.52 billion, due to continued business volume growth and rate increases. 

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