SATS swings back to black in H1 FY25 with $134.7m profit
In H1 FY 2024, it reported a $7.8m loss.
SATS posted a profit attributable to company owners of $134.7m in H1 FY2025, reversing its $7.8m loss from H1 FY 2024.
The company attributed its rebound to improved business volume and rate increases from customers.
These two factors also boosted the company's revenue to $2.82b, 14.9% higher than H1 FY24.