[SatNews] Asia Satellite Telecommunications Holdings Limited
(‘AsiaSat’ – SEHK: 1135) has announced their 2013 interim
results for the six months ended June 30, 2013.

Operational Highlights
AsiaSat’s Chairman, Ju Wei Min, said, “For the second half of 2013, we do not expect to see any major new business developments as we await the launch of AsiaSat 6 and AsiaSat 8 in the first half of 2014. These new satellites will provide an opportunity to grow our business in years to come. We foresee that new business will remain highly competitive during the second half. We can also expect a reduction in turnover and profit as we will feel the full effect of the renegotiated contracts with one of our longest-standing customers at terms lower than the previous contracts in the second half.”
To read the entire financial report, select this direct link for a PDF download.

