SATS Ltd.
SPASF
Other OTC2.67
USD
- -
- -
ISIN
SG1I52882764
Return %
Stock
S&P500
1Y
34.85
26.53
3Y
42.02
76.60
5Y
-11.00
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Tee Heong Mok
- Full Time Employees
- 52,000
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- Address
- 20 Airport Boulevard Singapore Singapore 819659
- IPO Date
- Oct 15, 2010
- Website
- sats.com.sg
- Similar Companies
- Business
- SATS Ltd. is a Singapore-based investment holding company primarily engaged in providing gateway services and food solutions across Asia-Pacific, the Americas, Europe, the Middle East, and other regions. Its core products and services include airfreight and ground handling such as passenger services, ramp and baggage handling, aviation security services, and aircraft cleaning; airline catering including in-flight catering and institutional catering; aviation laundry services; food processing and distribution; and cruise terminal management. The company operates key subsidiaries such as Worldwide Flight Services (WFS), the world's largest air cargo handler following its acquisition completed in April 2023. SATS also offers extensive food solutions through entities like SATS Food Solutions Thailand, focusing on fresh frozen meal production, food logistics, and distribution. Founded in 1972 and headquartered in Singapore, SATS has recently undergone significant strategic expansions. Key developments include the full acquisition of SATS Food Solutions Thailand, enhancing its food production capacity to 108,000 meals per day by early 2026, in partnership with Mitsui Co., Ltd., which acquired a 15% stake to bolster distribution and market reach across Asia's food service sector. SATS expanded its European footprint through the acquisition of Swedish firms Terminal & Transporttjänst and APH Logistics in 2024, strengthening cargo handling capabilities in vital trade corridors around Stockholm Arlanda Airport. Additionally, the company divested its US subsidiary Maytag Aircraft to streamline operations post its Worldwide Flight Services acquisition. Investment of over SGD 250 million is underway for infrastructure upgrades at its Singapore hub, including modernizing ground support equipment and expanding airfreight terminal capacity to meet rising cargo demand. SATS operates with approximately 55,000 employees, delivering integrated air cargo handling, logistics, and food service solutions primarily targeting airlines, airports, cruise operators, foodservice companies, and institutional clients. Its comprehensive service network spans multiple continents with a strong leadership position in Asia, driven by continuous innovation in intelligent and autonomous operational technologies aimed at enhancing efficiency, cost-effectiveness, and customer experience. The company remains majority-owned by Temasek Holdings, reflecting its strategic role in Singapore's transportation and food service sectors. This integrated approach positions SATS as a critical infrastructure player in global aviation and foodservice logistics markets.
SATS: Cargo And Food Businesses' Prospects Are Favorable
SATS: Lower Risk Investment Opportunity To Capitalize On Air Travel And Freight Demand