AsiaSat’s Profits Buffetted
Despite a 25% increase in transponder leases and 60% improvement in utilization rates, Asia Satellite Telecommunications (AsiaSat) reported a 3.7% loss on revenues of HK$1.03 billion ($132.8 million) for 2008. The revenues were up 3.7% over 2008. Chairman Mi Zeng Xin said the global economic...
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