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NileSat FY net profit drops 20%

Tuesday 21 January 2020 | 09:31 CET | News
The unaudited financial results of the Egyptian Satellite Company (NileSat) show a 20.45 percent year-on-year profit retreat during 2019, pressured by lower revenues, reports Mubasher. NileSat logged a net profit of USD 42.53 million in 2019, down from USD 53.46 million in 2018, according to a bourse disclosure. 

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Categories: Broadcast & Satellite
Companies: Nilesat
Countries: Egypt
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