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SATS – Wow! 3rd quarter results swing back into profit with 38.1m PATMI. Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand.
By Singapore Stocks Sharing  •  February 29, 2024
SATS - Wow! 3rd quarter results swing back into profit with 38.1m PATMI. SATS 3QFY2024 earnings improve by 41.9% q-o-q to $31.5 mil. Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand. Finally,  we can see lights at the end of the tunnel!. 3rd quarter Editda increased 18.3%. Cash Flow increased to 172.3m versus 35.4m last year. For the 9MFY2024 period, earnings came in at $23.7 million, reversing from a loss of $32.0 million the previous year, while revenue saw a significant 200.4% gain to $3.85 billion from $1.28 billion previously. Refinancing are bearing fruits which help to bring down significant financial savings. I think if 4th quarter also book another good improvement in PAMTI we may hear company resuming paying out dividend. Pls dyodd....
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By Singapore Stocks Sharing
All information is just for sharing on https://spore-share.com or https://spore-share.blogspot.com (Trade/Invest base on your own decision). Thank You! For trading, be firmed in executing your stop loss strategy. Also don’t be too eager to take profit to early. Let your profit run. For Investing it is good to read up and educate yourself to know the basic financial analysis. Learn how to identify good company to invest . Pick those company/counter that you are familiar with their business.
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