SATS Limited (SGX:S58 ) (S58 5.09 +0.01 +0.20%) is listed on the Singapore Exchange and is part of the 30 companies that make up the Straits Times Index (STI). It runs a monopolistic business for airport services and ground handling services in Singapore coupled with other businesses in its portfolio. These businesses include in-flight food and services, food products & distribution and catering services.
Other than the airline industry, SATS also serve the healthcare and hospitality sector, mostly through its food business.
In total, SATS has a presence in 14 countries covering 53 cities and 47 airports. It serviced 91 million passengers and 96 million meals in 2016.
With the boom in the aviation industry in Southeast Asia, will SATS benefit as well? Here are 7 things you need to know about SATS Limited.
Stock Information
TICKER SYMBOL: SGX:S58
MARKET CAP: S$5.7 Billion ...
...
