Shaping the Future

SATS AGM 2022 and
FY2021-22 Annual Report

SATS 49th Annual General Meeting

SATS will be convening its 49th Annual General Meeting by way of electronic means on Friday, 22 July 2022 at 10 am (Singapore time).

The pandemic brought about macroeconomic and technological transformation on a scale like no other. Amid multiple challenges, the SATS team remained resilient and agile. By building new capabilities, reimagining customer experiences and making calibrated investments, we are shaping the future of our businesses, people and ecosystems for sustainable and collective success.

With travel recovery underway, we are turbocharging our growth strategy to drive our core businesses as well as expand our overseas reach, in full alignment with our purpose to feed and connect communities.

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"Adopting a twin growth engine strategy, SATS will be turbocharging a crucial engine, our market leadership in Singapore, to achieve innovation and sustainability excellence for our network of operations. Firing up the second growth engine, SATS is replicating our core capabilities in key markets across Asia."
  • Euleen GohChairman
  • Kerry MokPresident and Chief Executive Officer
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Financial Review

Borders reopening and pent-up demand have led to a continuing surge in travel volume. SATS responded swiftly by ramping up our operations and working across the value chain to mitigate the impact of cost inflation.

Return on EquityImproved from -5.0% in FY2020-21
EBITDAImproved from S$72.3M in FY2020-21
Total RevenueImproved from S$970.0M in FY2020-21
Total RevenueImproved from S$970.0M in FY2020-21
54.5%Food Solutions
45.2%Gateway Services
0.3%Others
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Food Solutions Operations Review

Our FY2021-22 priorities were to strengthen our protein supply chain, fortify tiered kitchen production, drive food innovation, and expand our portfolio of branded products.

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SATS operation

Gateway Services Operations Review

Our FY2021-22 priorities were to digitally transform our systems and processes as well as enhance our expertise in Singapore, with the goal of replicating these distinctive capabilities across our network in the best possible way.

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Corporate Governance Report

We are dedicated to upholding the highest standards of corporate governance. Our corporate governance principles reflect our focus on strong leadership, effective internal controls and risk management, a robust corporate culture, accountability to shareholders and engagement with stakeholders.

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Building a Sustainable Future