AsiaSat Sales and Earnings Post Double-digit Gains

摘要

Satellite fleet operator AsiaSat of Hong Kong on Aug. 19 reported a 27 percent increase in revenue for the six months ending June 30, saying it continues to book new customers at favorable rates - profit was up 21 percent - despite the continued satellite overcapacity in East Asia.rnAsiaSat said its Speedcast subsidiary, which provides satellite links to two-way terminals for corporate communications, increased its revenue by 34 percent during the period and now accounts for about 13rnpercent of AsiaSat's revenue.