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SATS Ltd.

Business Summary

SATS Ltd. is an investment holding company, which engages in the provision of food solutions and gateway services. It operates through the following segments: Food Solutions, Gateway Services, and Others. The Food Solutions segment 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. The Others segment comprises of rental of premises and other services. The company was founded on December 15, 1972 and is headquartered in Singapore.

Financial Highlights

Mar 2021 SGDUSD
Revenue969.99M709.94M
Gross Profit187.50M137.23M
Operating income-8.49M-6.21M
Income before tax-109.26M-79.97M
Net income-78.92M-57.76M
EBITDA121.94M89.25M
Diluted EPS-0.07-0.05
Dividends Per Share00
Total Assets3,091.81M2,301.14M
Total liabilities1,393.01M1,036.78M
Total equity1,546.34M1,150.89M
Operating cash flow149.33M109.30M
Currency in SGDCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,729.36M 1,724.58M 1,828.01M 1,941.21M 969.99M
Gross Profit 541.33M 560.31M 601.71M 598.00M 187.50M
Operating income 229.63M 233.95M 243.51M 224.93M -8.49M
Income before tax 243.86M 250.43M 248.78M 173.54M -109.26M
Net income 257.93M 261.46M 248.40M 168.36M -78.92M
EBITDA 303.13M 312.42M 328.38M 342.57M 121.94M
Diluted EPS 0.23 0.23 0.22 0.15 -0.07
Dividends Per Share 0.17 0.18 0.19 0.06 0
Total Assets 2,279.40M 2,348.36M 2,408.42M 3,010.52M 3,091.81M
Total liabilities 588.22M 581.74M 591.31M 1,205.00M 1,393.01M
Total equity 1,603.47M 1,634.08M 1,649.23M 1,617.49M 1,546.34M
Operating cash flow 354.18M 274.11M 337.95M 280.62M 149.33M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,249.68M 1,271.28M 1,346.02M 1,414.98M 709.94M
Gross Profit 391.18M 413.03M 443.05M 435.89M 137.23M
Operating income 165.93M 172.45M 179.30M 163.96M -6.21M
Income before tax 176.22M 184.60M 183.18M 126.49M -79.97M
Net income 186.39M 192.73M 182.91M 122.72M -57.76M
EBITDA 219.05M 230.30M 241.80M 249.71M 89.25M
Diluted EPS 0.16 0.17 0.16 0.10 -0.05
Dividends Per Share 0.12 0.13 0.13 0.04 0
Total Assets 1,631.29M 1,790.85M 1,778.09M 2,114.35M 2,301.14M
Total liabilities 420.97M 443.63M 436.55M 846.30M 1,036.78M
Total equity 1,147.55M 1,246.14M 1,217.59M 1,135.99M 1,150.89M
Operating cash flow 255.94M 202.06M 248.84M 204.55M 109.30M

Valuation Measures

Mar 2021
PER--
ROA-2.58%
ROE-4.98%
Operating margin-0.87%
Profit margin-8.13%

Key executives

  • Co-President, CEO & Executive Director: Alexander Charles Hungate
  • Co-President & Chief Executive Officer-Designate: Kerry Mok
  • Chief Financial Officer: Kok Khong Seah
  • Chairman-Food Solutions: Chuan Lye Tan
  • Chief Executive Officer-Gateway Services: Yacoob bin Ahmed Piperdi

Shareholders

  • Temasek Holdings Pte Ltd. (Investment Company) (39.8%)
  • Matthews International Capital Management LLC (3.6%)
  • DBS Group Holdings Ltd. (2.6%)
  • Schroder Investment Management (Singapore) Ltd. (1.7%)
  • The Vanguard Group, Inc. (1.3%)
  • Norges Bank Investment Management (1.0%)
  • PineBridge Investments Asia Ltd. (0.8%)
  • BlackRock Fund Advisors (0.7%)
  • BLI - Banque de Luxembourg Investments SA (0.6%)
  • ARGA Investment Management LP (0.6%)

Contact Details

  • Website:http://www.sats.com.sg
  • Address: 20 Airport Boulevard, SATS Inflight Catering Centre 1, Singapore, 819659, Singapore
  • Phone: +65.6542.5555

Related Companies

  • SATS Consumer Services Pte Ltd.
  • SATS Group Services Sdn. Bhd.
  • SATS Saudi Arabia Co.
  • SATS Services Sdn. Bhd.
  • SATS (Thailand) Co., Ltd.
  • GTRSG Pte Ltd.
  • SATS China Co., Ltd.
  • SATS Asia-Pacific Star Pte Ltd.
  • Asia-Pacific Star Pte Ltd.
  • SATS (India) Co. Pvt Ltd.
  • SATS Investments Pte Ltd.
  • SATS Apron Services Pte Ltd.
  • Cemerlang Pte Ltd.
  • SATS Investment (II) Pte Ltd.
  • Singapore Food Industries Pte Ltd.
  • SATS Aero Laundry Pte Ltd.
  • SATS Ltd. /UK Non-Aviation Food Business (2)/
  • SATS Aerolog Express Pte Ltd.
  • SATS Investment Pte Ltd.
  • SATS Airport Services Pte Ltd.
  • SATS Security Services Pte Ltd.
  • SATS Catering Pte Ltd.
  • Menzies Aviation (Hong Kong) Ltd.
  • SATS Institutional Catering Pte Ltd.
  • SATS Food Services Pte Ltd.

Competitors

  • John Menzies plc
Last Updated on 26 Nov, 2021

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