Nilesat profits fall
Cairo-based satellite operator Nilesat suffered further falls in profit for its first-quarter trading. Net profits were down by 5 per cent at $10.8 million ($11.38 million a year ago). Nilesat’s revenues declined to $32.36 million in the January-March period, compared to $32.86 million in the same period in 2019, according to a stock market disclosure […]


