Analyst Pin-board: SCS 2018 AGM note
Dividend yield for 2018 as of July 9th 2018 is 4.2 percent.
Management is confident about air cargo growth which is expected to be sustainable with support from booming e-commerce market as e-commerce goods are usually transported by air.
International air cargo market share reached 36 percent. In 2017, SCS gained two new customers: SF Airlines, ABC and successfully extended contracts with Singapore Airlines, Thai Airways. Currently, SCS are contracting with 24 airlines following recent contract with Japan Airlines in May. For the rest of 2018, management expects to sign contract with two another new airlines, raising total number of customers to 26.
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