SATS (SGX: S58) just released its FY2024 earnings and investors are super excited, pushing its share price up by over 6% within the day itself. 6% might seem like a small move to some but for a stock listed in the Singapore market, which is a relatively small and stable exchange, a 6% move is rather drastic. So what caused this to happen? Let’s take a deep dive into the FY2024 earnings of SATS and see if it’s a good investment now.
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FY2024 Earnings
SATS saw drastic changes to its business, and overall financials over the past 5...