Cairo-based satellite operator Nilesat suffered a downturn in its revenues for the first quarter of the year (to March 31st) although net income rose.

For the first quarter, Nilesat reported sales was $24.07 million (€21.3m) compared to $25.45 million a year ago. Net income was $14.75 million compared to $6.38 million a year ago.

The numbers show that Nilesat’s overall revenues are more or less flat:

· Q1 2025 – $24.07 million
· Q1 2024 – $25.45 million
· Q1 2023 – $25.59 million
· Q1 2022 – $25.05 million

Other posts by :

1. SES announces €0.25c dividend
2. Russia “blinding and destroying” German satellites
3. Bank: AST, Starlink, Kuiper targeting $200bn market
4. Rivada: Is no news good news?
5. SES celebrates Intelsat acquisition
6. Pakistan halts broadband direct-from satellite
7. India stymies Starlink launch
8. Starlink, AST SpaceMobile race for cellular consumers
9. Trouble ahoy for foreign D2D satellites over India?

Categories: Articles, Business, Results

Tags: nilesat