SATS Ltd has announced a net profit of S$78.9m for the second quarter of the financial year 2026, marking a 13.3% increase compared to the same period last year. The company’s revenue rose by 8.4% to S$1.6 billion, driven by robust cargo volume growth across Asia, Europe, and the Middle East. This performance was supported by a 15.7% rise in EBITDA to S$307.4m, with margins expanding from 18.3% to 19.6%.
The company’s Gateway Services saw a 10.7% increase in revenue, reaching S$1.22b, as it continued to gain market share with cargo volumes surpassing global growth benchmarks set by the International Air Transport Association (IATA). Meanwhile, SATS’ Food Solutions division experienced a modest 1% revenue growth to S$356.5m, reflecting stable inflight meal demand amidst expanding air travel in the Asia-Pacific region.
Kerry Mok, President and CEO of SATS, highlighted the company’s strategic focus on managing capacity and resources as demand patterns evolve. “SATS’ second quarter results were enabled by a global network and consistent execution across our operations,” Mok stated. He also emphasised the company’s commitment to investing in specialised handling capabilities to support customer growth.
Looking ahead, SATS plans to continue enhancing its operations in Singapore, which remains central to its global network. The company is investing in next-generation mega air hubs and recently completed a S$40m upgrade at the Marina Bay Cruise Centre Singapore. These initiatives aim to bolster Singapore’s position as a world-class hub for trade and travel. The company has declared an interim dividend of 2 Singapore cents per share, payable on 5 December 2025.
