SATS narrows losses amidst strong cargo demand boost

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The company recorded a 54% YoY revenue fall to $251m. SATS’ revenue for Q3 FY 2021 fell 54% YoY to $251m, whilst its profit after tax and minority interests (PATMI) loss narrowed to $2.8m in the same period due to an uptick in air cargo volumes, government relief, and improved contribution from overseas entities. read more