APT Satellite Holdings, in tough Asian market, boosts fill rate, reaches 84.4% EBITDA margin

by Peter B. de Selding

PARIS — Satellite fleet operator APT Satellite Holdings Ltd. reported slightly lower revenue but higher profit and satellite occupancy for 2017 despite the hard rain that continues to pound the Asian satellite-transponder market.

Perhaps the most surprising figure in the company’s financial statement was that it had increased its fill rate to 75.9% at Dec. 31, 2017, up from 70.5% a year earlier. In a presentation to investors, APT said it had 181 operational transponders spread across its four-satellite fleet.

“The Group has maintained satisfactorily . . .

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