SATS profit rises 9.1% YoY to $70.9m for Q1 FY26
This is attributed to volume growth in its cargo and aviation food services.
SATS Group posted an attributable profit of $70.9m in Q1 FY26, up by 9.1% year-on-year (YoY), primarily due to the continuous volume growth in its cargo and aviation food services, supported by its global network.
It achieved a revenue of $1.51b in Q1 FY26, an increase of 9.9% compared to the same period last year.
The group shared that its gateway services revenue rose 11.2% YoY to $1.18b, driven by a larger customer portfolio and strong cargo volume growth.
Its food solutions revenue also grew 5.6% YoY to $328.3m, driven by sustained growth in
air travel and in-flight meal demand.
The group said that its global network continues to see significant customer wins, with Cathay Cargo, Cathay Pacific, Emirates SkyCargo, Riyadh Air, and Turkish Airlines added to the expanding portfolio of leading carriers served by SATS.