The group, however, would have reported a loss of $109.2 million without government grants and reliefs of $119.7 million during the period.
SATS has reported a net loss of $2.0 million for the 2HFY2020/2021 ended March, from earnings of $53 million in the corresponding period the year before.
Excluding the impairment charge made for the current financial period, the group would’ve registered earnings of $21.4 million.
