One of the Asia biggest provider of gateway services and food solutions ,main in-flight catering and ground-handling services at Singapore Changi Airport
SATS provides in-flight and institutional catering, food processing, distribution services, and airline laundry services.
The Gateway Services segment offers both airport and cruise terminal services.
After the acquisition of WFS, SATs become the
the world’s largest ground and air cargo handler by cargo tonnage, it operates over 215 stations in 27 countries and holds a major market share at several key airports.
Increasing global air cargo volumes and steady growth in air passenger traffic are expected to boost earnings.
WFS is also expected to bring operational and financial benefits in the coming years.
Sats share price has steadily moving after reported it's FY results., from 2.55 to current 3.10.
Upcoming quarter business updates shall see the share price moving towards 3.1-3.3.
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