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It posts a net profit of S$65 million for the quarter from a loss of S$29.9 million
SHARES of in-flight caterer and ground handler Sats gained some ground on Wednesday (Aug 21) morning, after it swung back into the black for the first quarter of fiscal year 2025 on higher revenue.
Sats shares reached a high of S$3.58 shortly after the market opened, rising 11.2 per cent or S$0.36.
A married deal was recorded at 10.02 am, according to ShareInvestor data. It was transacted at S$3.545 at a volume of 15.7 million shares.
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