China Satcom: Net profit in the first half of 2024 was 406 million yuan, a year-on-year increase of 52.68%

According to news from this site on September 1, according to China Satcom’s official disclosure, in the first half of 2024, the company achieved operating income of 1.148 billion yuan, a year-on-year decrease of 6.27%; net profit attributable to shareholders of listed companies was 406 million yuan, a year-on-year increase 52.68%; the net cash flow generated from operating activities was 302 million yuan, a year-on-year decrease of 14.25%.

As of June 30, 2024, the company operates and manages 17 commercial communication and broadcast satellites. Basic telecommunications operation enterprise. The company's broadcast communication services cover the entire territory of China, surrounding areas and major areas of the "Belt and Road Initiative" . Among them, the "Haixingtong" global network service covers more than 95% of the world's maritime routes, and the Ka high-throughput satellite covers the entire territory of China and surrounding areas, which can provide services to our country and

"One Belt and One Road" Provide high-speed private network communications and satellite Internet access services to aviation, navigation, emergency, energy, forestry and grassland and other industries and general service users along the route. According to previous reports on this site, China Satcom announced in February

this year that it will provide more consumer-grade satellite Internet products to the market,

and will launch aviation satellites for United Airlines Internet product traffic package.

The above is the detailed content of China Satcom: Net profit in the first half of 2024 was 406 million yuan, a year-on-year increase of 52.68%. For more information, please follow other related articles on the PHP Chinese website!