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
by David Todd | Mar 15, 2013 | Satellites | 0 comments
About Seradata
Seradata produce 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
At 0410 GMT on 7 June 2023, the second launch of the Lijian-1 (Kinetica-1) rocket from the Jiuquan Satellite Launch Read more
A Chinese CASIC-operated Kuaizhou-1A solid rocket launch vehicle was launched at 0235 GMT on 9 June 2023 from the Jiuquan Read more
The SpaceX operated Dragon CRS-28 cargo ship on behalf of NASA was launched by a Falcon 9v1.2FT Block 5 rocket Read more
Shenzhou 15, with its crew of three (Fei Junlong, Deng Qingming and Zhang Lu) aboard, undocked from the forward port Read more
Russianspaceweb.com reports that at 0130 GMT on 3 June 2023, the Russian communications satellite, Express AM-5 (Ekspress-AM 5), suffered from Read more
SpaceX successfully launched a Falcon 9v1.2FT Block 5 launch vehicle from Cape Canaveral, Florida, USA at 1220 GMT on 04 Read more
Global Fixed Service Satellite (FSS) operator Viasat Inc has closed its long awaited acquisition of Inmarsat, a British satellite telecommunications Read more
A Falcon 9v1.2FT Block 5 rocket was launched from Vandenberg Space Force Base in California at 0602 GMT on 31 Read more
North Korea attempted to orbit a military reconnaissance satellite Malligyeong-1 using its new Chollima-1 rocket from a pad at the Read more
Recent Posts
- Firefly Aerospace acquires Spaceflight Inc to expand on-orbit services
- Lijian-1 rocket reportedly puts 26 satellites into orbit in its second mission but not all are confirmed
- Chinese Kuaizhou-1A rocket launches Longjiang-3 – a prototype of its equivalent of Starlink
- Falcon 9 puts Dragon CRS-28 resupply freighter into orbit on way to ISS
- China’s crewed Shenzhou 15 undocks from Chinese Space Station and lands as Tianzhou 5 cargo craft returns to CSS