SATS posts 17% rise in full-year earnings on back of cargo growth

SATS has posted a 17% rise in full-year earnings. The firm said, while the Middle East conflict is raising costs in the short term, it has also boosted demand for air cargo. Shifting cargo routes have created new growth opportunities too. SATS is looking at new markets in Africa and Central Asia to diversify its network further. Nasyrah Rohim reports.