In this series, we will feature one Singapore-listed company each time as a quick guide to everything you should know about it in 60 seconds.
In this instalment, we have SATS Ltd (SGX: S58). Previously, we featured Mapletree Commercial Trust (SGX: N2IU), the owner of VivoCity and a few other properties.
What’s SATS Ltd’s Business About?SATS provides food solutions and gateway services solutions, mainly to the aviation industry.
The food solutions segment provides in-flight catering and institutional catering, among other things. Meanwhile, the gateway services division offers services such as ground and cargo handling, passenger and security services, and baggage handling services.
SATS Ltd’s Financial HighlightsSATS has seen some growth from FY2014-15 to FY2018-19 (the company has a 31 March year-end):
FY2014-15FY2015-16FY2016-17FY2017-18FY2018-19 Total revenue(S$' million)1,753.21,698.21,729.41,724.61,828.0 Share of results of associates/joint ventures, net of tax
(S$' million)48.1 48.0 65.2 71.258.9 Profit attributable to shareholders
(S$' million)195.7220.6257.9261.5248.4 Underlying...
