[SatNews] This company has announced their unaudited interim results for the six months ended June 30, 2013.
During the period, the Group’s turnover amounted to HK$559,091,000, representing an increase of 39.0 percent as compared with the corresponding period of last year. Profit attributable to equity shareholders reached HK$278,960,000, up 1.66 times year-on-year. Basic earnings per share were HK 44.86 cents (June 30, 2012: HK16.84 cents). The Board recommended an interim dividend of HK 5.00 cents per share for the six months ended June 30, 2013 (1H 2012: HK2.00 cents per share).
Mr. Cheng Guangren, Executive Director and President of the Group, said, “We are pleased to see that the Group continued on its outstanding upward trend and achieved stable growth in all business segments despite the challenging environment in the first half of 2013. Our in-orbit satellites, along with the corresponding ground TT&C (telemetry, tracking and command) systems and earth station, have been operating under normal conditions and continue to provide reliable and high quality services to our customers. As a result, our total transponder utilization rate reached 80.95% during the review period.”
During the review period, the Group’s in-orbit satellites, APSTAR 5, APSTAR 6 and APSTAR 7, maintained high utilization rates of 82.33 percent, 87.24 percent and 75.08 percent respectively. They form integrated and strong satellite service capability covering over 75 percent of the world’s population, including the Asia, Australia, Middle East, Africa, Europe, and other Asia Pacific regions.
