SATS - I think 4th quarter most probably also likely profitable and hopefully cum Final dividend payout that would certainly bring back market confidence and boost the price higher! Do take note!
Jeep a bit today at 2.50 for their turning around success in making the company profitable and declaring Final dividend!
Pls dyodd.
SATS - Wow! 3rd quarter results swing back into profit with 38.1m PATMI.
SATS 3QFY2024 earnings improve by 41.9% q-o-q to $31.5 mil.
Q on Q basis, revenue increase 6.3 percent to 1.4b. Awesome! I think good improvement in the company financial results boosted by strong seasonal demand.
Finally, we can see lights at the end of the tunnel!.
3rd quarter Editda increased 18.3%.
Cash Flow increased to 172.3m versus 35.4m last year.
For the 9MFY2024 period, earnings came in at $23.7 million, reversing from a loss of $32.0 million the previous year, while revenue saw a significant 200.4% gain to $3.85 billion from $1.28 billion previously.
Refinancing are bearing fruits which help to bring down significant financial savings.
I think if 4th quarter also book another good improvement in PAMTI we may hear company resuming paying out dividend.
Pls dyodd.
https://www.spore-share.com/2024/03/sats-i-think-4th-quarter-most-probably.html
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Good