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$SATS (S58.SG)$ For the 9MFY2024 period, earnings came in at...

For the 9MFY2024 period, earnings came in at $23.7 million, reversing from a loss of $32.0 million the previous year.
Revenue saw a significant 200.4% gain to $3.85 billion from $1.28 billion previously.🙏🙏
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  • snoopy123 : shifu, how to read this statement? do you will they resume dividends for 4Q (FY)? SATS is well-positioned to benefit from the ongoing recovery in both passenger and cargo in 2024. As the Group focuses on profitability, the priorities remain on (1) repaying debt, (2) reinvesting in the business, and (3) resuming dividend distribution to our shareholders.

  • Stock WatchOP snoopy123: Possible.. with a bit of dividend for FY..
    Once the earnings are stable and increased, sats will increase dividend payout in next H1

Be decisive . 见好就收. Always have opportunities to fish again.
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