It continued to be hit by the absence of the $7m gain from the disposal of SATS HK.
SATS’ profits for the second quarter dipped 9% to $65.7m from $72.2m in the same period last year. According to its financial statement, revenue rose 4.2% to $453.1 from $434.8m.
The company found volume growth in its food solutions and gateway services. Revenue from food solutions jumped 2.5% to $250.9m whilst gateway services’ revenue rose 6.3% to $201.6m.
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