Yahsat reports strong growth in revenue for Q3 2023
Yahsat's anticipated future revenue surged to $6.9bn, which is 15.7 times its revenue from the last 12 months, marking a significant increase from the figures at the end of 2022.
- Latest
- Trending
Yahsat's anticipated future revenue surged to $6.9bn, which is 15.7 times its revenue from the last 12 months, marking a significant increase from the figures at the end of 2022.
The satellite operators net income rose by 5% year-on-year to $48m, generating an improved margin of 23% from the previous years 22%.
Yahsat has proposed a 2% increase in dividend, as revenues rose to more than $430m.
Yahsat claims to be well positioned for future growth with contracted future revenues of more than $2bn from significant new Commercial and Government deals secured in Q3 2021.
