Arab Finance: Egyptian Satellites (NileSat) reported a 6.1% year-on-year (YoY) rise in net profits after tax during the first nine months of 2023, recording $32.074 million, compared to $30.244 million, according to the financial income statement filed to the Egyptian Exchange (EGX) on November 9^th.

The company’s operating revenue logged EGP 76.543 million in the nine-month period, up from $74.53 million in the same period a year ago.

NileSat is an Egypt-based public shareholding company that offers services related to satellite radio and television broadcasting, in addition to broadband internet.

The company has a booking center that provides a range of services including satellite newsgathering as well as feed and turnaround services, in addition to a training center.

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