Yahsat reports significant EBITDA and net income growth
Yahsat expects to receive $1bn in new advance payments during the construction period of the Al Yah 4 and Al Yah 5 satellites.
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Yahsat expects to receive $1bn in new advance payments during the construction period of the Al Yah 4 and Al Yah 5 satellites.
On an annualised basis, the group is on track to deliver a dividend of at least $4.48 cents per share, equivalent to $109m in total for the full 2023 financial ...
The satellite operatorÂ’s net income rose by 5% year-on-year to $48m, generating an improved margin of 23% from the previous yearÂ’s 22%.
Yahsat has proposed a 2% increase in dividend, as revenues rose to more than $430m.
The company has reported the highest ever Net Income (profit attributable to the shareholders) of $69.8m.
