SATS

[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Aug 20):

Increase in net profit is partially supported by lower interest expense

Its strategy includes a central, data-enabled platform and expanding its aviation and food businesses

It notes that its AI investments are subject to the same standards as all capital allocation decisions

Leading the optimism is a faster-than-expected recovery in the global air freight market

Across the broader market, losers beat gainers 322 to 257, after 1.9 billion securities change hands

The company is on course to achieve FY2029 targets of S$8 billion in revenue and 20% Ebitda margins

Net profit for its quarter ended Mar 31 grows 31% to S$50.7 million

Its board proposes a final dividend of S$0.05 a share, up from S$0.035 in the year before