APT Satellite Reports Decline in Mid-Year Earnings

APT Satellite Holdings (HK:1045) has released an update.

APT Satellite Holdings Limited reported a 6.64% decrease in revenue and a 13.72% decline in profit for the first half of 2024, compared to the same period in the previous year. The drop was primarily due to reduced income from satellite transponder capacity provision. The company also declared an interim dividend of HK4.50 cents per share, a slight decrease from HK5.00 cents per share in the previous year.

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