The Hong Kong-based satellite operator Asiasat has posted its financial results for 2012. Despite noting that budgetary constraint had affected some of its clientele, the firm noted that it had posted a 10% increase in its turnover/revenue over the previous year to HK$1.88 billion ($245 million) while its profits to shareholders were up 11% to HK$914.5 million.($118.8 million). Asiasat remains hopeful of continued improvement given opportunities offered after Asiasat 7 communications satellite joined the fleet in late 2011.
Asiasat posts its results: revenue and profits are up for 2012
About Seradata
Seradata produces the renowned Seradata database. Trusted by over 100 of the world’s leading Space organisations, Seradata is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).
For more information go to https://www.seradata.com/product/
Related Articles
Stay Informed with Seradata
Stay informed on the latest news, insights, and more from Seradata by signing up for our newsletter.