ChinaSat profits tumble

ChinaSat has reported a 3.9 per cent decline in revenues and 8 per cent  decline in net profits for H1/2020 compared to H1/2019. Revenues for the half-year slid from RMB 1.31 billion (€162.2m) to RMB 1.26 billion, with profit dropping from RMB 208 million to RMB 191 million.

Source: ChinaSat profits tumble