APT Satellite's 2024 Profit Declines 14%

MT Newswires Live
03-14

APT Satellite's (HKG:1045) attributable profit fell 14% to HK$205.2 million in 2024 from HK$237.7 million in 2023, according to a Thursday filing with the Hong Kong bourse.

Earnings per share at the satellite operator decreased to HK$0.2210 from HK$0.2559 in the previous year.

Revenue declined 5.9% to HK$784.7 million from HK$834 million a year earlier.

The company declared a final dividend of HK$0.065 per share, payable June 13 to shareholders on record as of June 4.

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