FilingReader Intelligence
APT Satellite earnings drop amidst market downturn
March 13, 2025 at 05:11 PM UTC•By FilingReader AI
APT Satellite Holdings (HKEX:1045) announced a 13.6% decrease in profit attributable to equity shareholders, amounting to HK$205.22 million for the year ended December 31, 2024, compared to HK$237.654 million in 2023. This decline occurred against a backdrop of a 5.9% decrease in revenue, attributed to a downturn in the global and Asia-Pacific satellite transponder market conditions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:1045•Hong Kong Exchange
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