AsiaSat's Chairman, Mi Zeng Xin, said, “Our 20th anniversary year saw the Group‟s performance strengthen in line with a more dynamic Asian satellite market, as reflected in our increased transponder utilisation rates and a steady flow of new contracts. This took place in the context of a global economic slowdown that has created a great deal of uncertainty for 2009. Looking forward, however, we believe that the fundamental growth drivers of the Asian satellite industry remain solid. AsiaSat is a market leader in the Asia Pacific region, remains financially strong and free of debt, and continues to set industry benchmarks for customer services, operating standards and management expertise.”
Satnews Daily
March 20th, 2009
Financially Speaking... Asia Satellite Telecommunications Holdings Limited...
Financially Speaking... Asia Satellite Telecommunications Holdings Limited...
Asia Satellite Telecommunications Holdings Limited (SEHK: 1135) has announced its 2008 annual results for the year to December 31, 2008.
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AsiaSat's Chairman, Mi Zeng Xin, said, “Our 20th anniversary year saw the Group‟s performance strengthen in line with a more dynamic Asian satellite market, as reflected in our increased transponder utilisation rates and a steady flow of new contracts. This took place in the context of a global economic slowdown that has created a great deal of uncertainty for 2009. Looking forward, however, we believe that the fundamental growth drivers of the Asian satellite industry remain solid. AsiaSat is a market leader in the Asia Pacific region, remains financially strong and free of debt, and continues to set industry benchmarks for customer services, operating standards and management expertise.”
AsiaSat's Chairman, Mi Zeng Xin, said, “Our 20th anniversary year saw the Group‟s performance strengthen in line with a more dynamic Asian satellite market, as reflected in our increased transponder utilisation rates and a steady flow of new contracts. This took place in the context of a global economic slowdown that has created a great deal of uncertainty for 2009. Looking forward, however, we believe that the fundamental growth drivers of the Asian satellite industry remain solid. AsiaSat is a market leader in the Asia Pacific region, remains financially strong and free of debt, and continues to set industry benchmarks for customer services, operating standards and management expertise.”