Egyptian Satellites Co SAE (Nilesat) News - Mubasher Info
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05 August 07:43 PM

Egyptian Satellites Co SAE (EGSA)

Last update: 01:05 PM market time.
8.80
2.30
35.38%
Open 8.80
Previous Close 6.50
High 8.91
Low 8.80
Stock Statistics
Volume 3,155
Turnover 27,958.55
All data are 15 minutes late during market session

News

Photo Archive
14 August 2024 08:38 AM NileSat logs $21.5m net profits in H1-24
Cairo – Mubasher: Egyptian Satellites Company (NileSat) registered $21.47 million in net profit from continuing operations during the first half (H1) of 2024, up year-on-year (YoY) from $19.30 million. The revenues amounted to $50.80 million in …
Financial Results
Photo Archive
25 July 2024 10:17 AM NBE raises stake in 4 EGX-listed entities
Cairo – Mubasher: The National Bank of Egypt (NBE) increased its stake in the Export Development Bank of Egypt (EBank) and three other companies, according to bourse disclosures. Through its NBE DIFC, NBE purchased 950,000 shares in the EGX-listed …
Banking and Finance
Photo Archive
15 May 2024 08:34 AM NileSat records plunge in Q1-24 financials
Cairo – Mubasher: Egyptian Satellites Company (NileSat) recorded a 14.66% drop in net profit after tax to $6.38 million during the first quarter (Q1) of 2024, compared to $7.47 million in Q1-23. Revenues edged down by 0.54% year-on-year (YoY) to …
Financial Results
Photo Archive
28 January 2024 00:37 PM NileSat registers $44m net profits in 2023
Cairo – Mubasher: Egyptian Satellites Company (NileSat) logged net profits after tax valued at $43.75 million in 2023, higher by 12.29% year-on-year (YoY) than $38.96 million. Revenues amounted to $101.82 million last year, up 1.97% from $99.85 …
Financial Results
Photo Archive
28 May 2023 11:33 AM NileSat’s net profits rise in Q1-23 financial results
Cairo – Mubasher: The net profits from continuing operations of the Egyptian Satellites Company (NileSat) hit $7.47 million in the first quarter (Q1) of 2023, up from $7.27 million in Q1-22. Revenues grew to EGP 25.58 million in Q1-23 from EGP …
Financial Results
Photo Archive
10 November 2022 01:09 PM NileSat reports 49% higher earnings in 9M-22
Cairo – Mubasher: The Egyptian Satellites Company (NileSat) logged 48.90% higher profits during the first nine months (9M) of 2022 to $30.24 million, compared to $20.30 million in the corresponding period in 2021. The company’s revenues reached …
Financial Results
Photo Archive
11 August 2022 01:12 PM NileSat’s profit marginally down to $18.7m in H1-22
Cairo – Mubasher: The Egyptian Satellites Company (NileSat) reported a marginal rise in its net profits during the first half (H1) of the year. Net earnings of NileSat reached $18.70 million during the six-month period ended 30 June 2022, compared …
Financial Results
Photo Archive
11 May 2022 06:13 PM NileSat's profits cross $7m in Q1-22 unaudited financials
Cairo – Mubasher: The Egyptian Satellites Company (NileSat) has recorded net profits of $7.27 million during the first quarter (Q1) of 2022, lower than $15.30 million in Q1-21. Revenues settled at $25.04 million in the first three months (3M) of …
Financial Results
The company generated $86.66 million in revenue
9 November 2021 11:42 AM NileSat's profit down 22% in nine months
Cairo – Mubasher: The Egyptian Satellites Co (NileSat) logged net profits of $20.3 million in the first nine months of 2021, a drop of 22% year-on-year (YoY) from $26.07 million.  The company generated $86.66 million in revenue in the …
Financial Results
NileSat's revenues declined to $59.49 million
10 August 2021 05:49 PM NileSat's profit drops 7% in H1-21
Cairo - Mubasher: The Egyptian Satellites Co (NileSat) achieved net profits of $18.19 million in the first half (H1) of 2021, down by 7% year-on-year (YoY) from $19.56 million.  NileSat's revenues declined to $59.49 million in the January-June …
Financial Results
NileSat achieved net profits of $34.15 million in 2020
8 March 2021 11:00 AM NileSat's board proposes cash dividends for 2020
Cairo – Mubasher: The board of directors of Egyptian Satellites Co (NileSat) recommended a cash dividend of 40 cents per share for 2020’s earnings. The board also delegated the chairman to call for a shareholder meeting to decide on the addition …
Cash Dividends
The company generated $125.1 million in revenue last year
11 February 2021 11:41 AM NileSat's profit declines 20% in 2020 unaudited results
Cairo – Mubasher: The net profits of the Egyptian Satellites Co (NileSat) slid by 19.8% year-on-year (YoY) to $34.15 million in 2020, compared to $42.53 million, the unaudited financial results showed. The company generated $125.1 million in …
Financial Results
NileSat achieved net profits of $26.07 million in nine months
11 January 2021 11:18 AM NileSat's board approves addition of new activities
Cairo – Mubasher: The board of directors of the Egyptian Satellites Co (NileSat) approved an amendment to its articles of association for the addition of new purposes. The board approved the addition of a new activity to provide services, …
Corporate Actions
Revenues declined to $93.85 million in the January-September period
11 November 2020 05:57 PM NileSat's profit slumps 26% in 9M
Cairo – Mubasher: The Egyptian Satellites Co (NileSat) registered a 25.6% year-on-year (YoY) drop in its net profits, logging $26.07 million in the first nine months of 2020, compared to EGP $35.04 million. The company’s revenues declined to …
Financial Results
NileSat’s revenues declined to $32.36 million
8 June 2020 06:05 PM NileSat posts 5% profit drop in Q1-20 initial results
Cairo – Mubasher: The unaudited financial results of the Egyptian Satellites Co (NileSat) showed net profits of $10.8 million in the first quarter of 2020, down by 5% from $11.38 million in the year-ago period. NileSat’s revenues declined to …
Financial Results
NileSat’s net profits stood at $42.53 million in 2019
15 March 2020 02:38 PM NileSat’s shareholders approve 55 cents/shr dividend for 2019
Cairo – Mubasher: The ordinary general meeting (OGM) of the Egyptian Satellites Co (NileSat) decided to distribute cash dividends of $20.53 million or 11% of the company’s capital for 2019. The company’s shareholders agreed to distribute 55 cents …
General Assembly
NileSat posted $42.53 million net profit in 2019
20 February 2020 00:16 PM NileSat proposes 50 cents/shr dividends for 2019
Cairo – Mubasher: The board of directors of the Egyptian Satellites Co (NileSat) recommended a cash dividend distribution of 50 cents per share for fiscal year 2019. The proposal will be referred to the ordinary general meeting (OGM), scheduled to …
Cash Dividends
NileSat logged a net profit of $42.53 million
19 January 2020 02:18 PM NileSat’s profit drops 20% in 2019 unaudited financials
Cairo – Mubasher: The unaudited financial results of the Egyptian Satellites Co (NileSat) posted a 20.45% year-on-year profit retreat during 2019, pressured by lower revenues. NileSat logged a net profit of $42.53 million last year, down from …
Financial Results
The new satellite will take 25 months to be built
3 December 2019 04:55 PM NileSat inks deal with Thales Alenia Space to build new satellite
Cairo – Mubasher: Egyptian Satellites Co (NileSat) signed a new contract with Thales Alenia Space to build a new satellite. Nile Sat 301 will be launched into space in January 2022 to substitute Nile Sat 201 which will reach the end of its working …
Company News
NileSat’s net profit retreated to $23.81 million in H1
24 October 2019 00:45 PM NileSat issues a decision on Nilesat 301 satellite’s tender
Cairo – Mubasher: The board of directors of Egyptian Satellites Co (NileSat) decided to launch a negotiated tender instead of a selective tender for manufacturing and launching Nilesat 301 satellite. This move is aimed at getting the best …
Company News
Revenues fell to $98.4 million during the January-September period
24 October 2019 11:20 AM NileSat’s profit falls to $35m in 9M unaudited financials
Cairo – Mubasher: The unaudited financial results of Egyptian Satellites Co (NileSat) reported a 15.6% year-on-year profit decline during the first nine months of 2019, pressured by lower sales. Net profits retreated to $35.04 million in the …
Financial Results
A committee was formed to study biddings
5 September 2019 08:02 PM NileSat considers biddings for new satellite
Cairo – Mubasher: Egyptian Satellites Co (NileSat) announced that it received biddings for the manufacturing and launch of Nilesat 301 satellite and its ground stations. A committee was formed to study biddings and determine the best offer, …
Companies Investments
Revenues slid to $65.86 million in H1-19
7 August 2019 03:57 PM NileSat logs $23.8m profit in H1
Cairo – Mubasher: Egyptian Satellites Co (NileSat) reported a 12.2% year-on-year profit retreat during the first half of 2019. NileSat’s profit fell to $23.81 million in the six-month period ended 30 June, compared to $27.12 million in the …
Financial Results
Revenues decreased to $32.86 million in Q1-19
6 May 2019 03:11 PM NileSat Q1 profits decline 13% to $11m
Cairo – Mubasher: Egyptian Satellites Co (NileSat) posted a decrease of 12.9% in profits during the first quarter of 2019 compared to the same period a year ago. NileSat’s profit shrank to $11.38 million in Q1-19 from $13.07 million in Q1-18. …
Financial Results
Total dividend amounts to $22.3 million, accounting for 12% of paid-up capital
25 March 2019 01:54 PM Nilesat OGM nods to $0.60/shr dividends for FY18
Cairo – Mubasher: Egyptian Satellites Co’s (Nilesat) ordinary general meeting (OGM) has approved a cash dividend distribution of $0.60 per share for fiscal year 2018, instead of %0.50. Total dividend amounts to $22.3 million, accounting for 12% of …
Cash Dividends