Nilesat posts USD 7.27 million as profit in Q1 2022

By
Ademola Asunloye
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Nilesat

NileSat posted a net profit of USD 7.27 million in the first quarter (Q1) of 2022, representing a 30.43% decrease in comparison to Q4 2021 and a 52.48% decrease in the corresponding quarter of the preceding year (2021). According to the unaudited financial results presented to the Cairo bourse, NileSat’s revenue within the review period...

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