Brief: Sats Ltd Posts Q1 Revenue S$375.5M

Sats

22/07/2022 11:20

July 22 (Reuters) - SATS Ltd  SATS.SI :
    * Q1 REVENUE GREW 36.2% YOY TO S$375.5M
    * EXPECT RECOVERY TRAJECTORY TO CONTINUE AND ACCELERATE IN
SECOND
HALF OF THIS YEAR, BUT INFLATION WILL REMAIN A CHALLENGE
    * 1Q CORE LOSS AFTER TAX S$22.5 MILLION VERSUS PROFIT OF
S$6.4
MILLION
    * EXPECT RECOVERY TRAJECTORY TO CONTINUE AND ACCELERATE IN
THE
SECOND  HALF OF YEAR, BUT INFLATION WILL REMAIN A CHALLENGE

Source text for Eikon:  ID:nSNS89Hq 
Further company coverage:  SATS.SI 

 ((Reuters.Briefs@thomsonreuters.com;))