SATS Ltd. reported earnings results for the third quarter and nine months ended December 31, 2021. For the third quarter, the company reported sales was SGD 307.8 million compared to SGD 251 million a year ago. Net income was SGD 5.1 million compared to net loss of SGD 2.8 million a year ago. Basic earnings per share from continuing operations was SGD 0.005 compared to basic loss per share from continuing operations of SGD 0.002 a year ago. Diluted earnings per share from continuing operations was SGD 0.005 compared to diluted loss per share from continuing operations of SGD 0.002 a year ago.
For the nine months, sales was SGD 877.3 million compared to SGD 691.5 million a year ago. Net income was SGD 18.3 million compared to net loss of SGD 79.7 million a year ago. Basic earnings per share from continuing operations was SGD 0.016 compared to basic loss per share from continuing operations of SGD 0.071 a year ago. Diluted earnings per share from continuing operations was SGD 0.016 compared to diluted loss per share from continuing operations of SGD 0.071 a year ago.