SATS announce 2QFY2010 financial results

Group revenue grew 45% to $714.0M despite 11% drop in aviation revenue. Consolidation of SFI increased revenue by $269.7 million, contributions from overseas associates rose 63% to $19.6M, net profit upped 22% to $81.3M, higher profit led to increase in free cash flow to $97.1M, cash balance at $124.4M, down from $366.3M as at 31 Mar 09 largely due to repayment of $200M MTN, tnterim dividend raised to 5 cents per share.