SATS profit surges 20.4% to $84.7m in Q3 2026 on strong cargo revenue
Its revenue climbed 8% year on year during the quarter.
SATS Limited reported that its profit attributable to owners of the company rose 20.4% year on year to $84.7m in the third quarter of financial year 2026 amidst strong cargo revenue.
Revenue increased 8% to $1.645b during the quarter, driven by its strong cargo performance despite global trade flow volatility.
Year to date, SATS' profit attributable to the owners of the company climbed 14.4% to $234.5m, whilst its revenue rose 8.7% to 4.723b.
Operating profit for the quarter increased 18.8% to $151.3m, an improvement attributed to the company's operating leverage from increased volume and sustained progress in operational efficiency.