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NileSat's earnings decrease to $43M ending Dec. 2019

NileSat's earnings decrease to $43M ending Dec. 2019

ArabFinance:  Egyptian Satellites (NileSat(EGSA) announced, in a statement sent to EGX, the Board of Directors (BoD) held on Jan. 16.

The company's BoD approved financial results for the fiscal period ending Dec. 31, 2019, which revealed posting after-tax profits of $42,531,276, compared to net profits of $53,466,878 a year earlier, with a 20% profit increase.

 

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