Cairo – Mubasher: Egyptian Satellites Co (NileSat) reported a 19.82% year-on-year rise in its profits during the first quarter of 2017, according to a filing.
Profits reached $19.7 million in the three-month period ended 31 March 2017, compared to $16.4 million in the prior-year period.
The company generated revenues of $41.6 million in Q1-17, compared to $43.07 million in Q1-16.
