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China Satellite: Anticipated Shift from Losses to Profits in First Half of the Year
4 day ago /
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Author：小编
On July 12, China Satellite (600118) issued a performance forecast, predicting that in the first half of 2026, the net profit attributable to the owners of the parent company will range from RMB 30.5 million to RMB 36.5 million. This represents a significant year-on-year transformation, turning previous losses into gains. The primary drivers behind this performance upswing are the accelerated pace of contract execution in the satellite development sector and the consistent growth of the satellite application business.
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