The group has set targets of achieving S$8 billion in revenue and a return on equity of 15 per cent in FY2029
INFLIGHT caterer and ground handler Sats is unlikely to return to paying out 70 to 80 per cent of its earnings, although the quantum of dividend per share will rise in tandem with its profit.
Manfred Seah, chief financial officer of Sats, pointed this out at a financial results briefing on Friday (Nov 8), a day after it posted a trebling of its second-quarter net profit from S$22.2 million to S$69.7 million.
It has declared an interim dividend of S$0.015 per share for FY2025, against an earnings per share of S$0.09 for the first half of FY2025 to September.
