financial report

The group’s total revenue went up by 34.7% because of other business segments.

The group’s revenue fell by 6.1%.

However, it still reported a DPU of $3.410, the highest half-year DPU in four years.

Revenue for the half-year increased by 24.6%.

The company had a net loss of $2m for the same period last year.

SATS recorded a net loss of $33m in the third quarter of FY2022. 

Around $3.6b total loss was recorded for FY2021.

However, it remains 9% lower than pre-pandemic levels. 

The group attributed the 114% growth to their services bouncing back.

Net profit attributable to shareholders is at an all-time high of $53.1m.

Property development revenue increased by 67% to $1.6b. 

The group's debts also decreased significantly with a net debt-to-equity ratio of 8.7%.

There was 2.5% increase in profit attributable to owners of the company.

Thanks to the group's reorganisation.

It reversed the net loss of $559m in 2020.

Thanks to an increased demand for air travel in December 2021.