Rising tourist arrivals could uplift SATS

Submitted By:  Luz Wendy Noble Case Study:  No It can also be buoyed by the capacity addition of its key customer Japan Airlines. The rising tourist arrivals by sea which improved ship calls at the Marina Bay Cruise Centre (MBCC) could boost SATS’ profitability in the coming quarters, UOB Kay Hian (UOBKH) said. In Q2, inbound tourist arrivals by sea rose 24% YOY which is a jump compared to the 11.4% increase in Q1. read more