Yahsat reports third quarter results for 2023

Yahsat, Al Yah Satellite Communications Company, a UAE satellite solutions provider announced on the 7th of November its consolidated financial …
Yahsat reports third quarter results for 2023

Yahsat, Al Yah Satellite Communications Company, a UAE satellite solutions provider announced on the 7th of November its consolidated financial results for the nine months ending on the 30th September 2023. Revenue and Normalised EBITDA grew 3% for the first nine months of the year versus the prior year to reach AED 1.2 billion and AED 713 million, respectively. Their Net Income more than doubled whilst Normalized Net Income was in line versus the prior year period at AED 274 million.

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