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China Spacesat Forecasts Up to 86% Decline in 2024 Profit
China Dongfanghong Satellite Co., Ltd. 2024 Annual Results Forecast
High concentration of clients and delays in demand planning adjustments. China Spacesat expects net profit to decrease by about 80% in 2024 | Interpretations
① China Spacesat's performance in 2024 is under pressure, with a net income expected to decrease by about 80% year-on-year; ② mainly affected by factors such as high customer concentration and delays in demand planning adjustments.
China Securities Co.,Ltd.: The commercialization of Satellite Internet continues to be realized, and the FCC allocates additional spectrum for USA's commercial space.
The commercialization of Satellite Internet in our country continues to be implemented, and it is expected to accelerate the process of low-earth orbit Internet layout.
The 7.2% Return This Week Takes China SpacesatLtd's (SHSE:600118) Shareholders Five-year Gains to 51%
China Spacesat Appoints CFO
The Five-year Decline in Earnings Might Be Taking Its Toll on China SpacesatLtd (SHSE:600118) Shareholders as Stock Falls 5.0% Over the Past Week
