Yahsat: Al Yah Satellite Communication Company PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

Al Yah Satellite Communication Company PJSC reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 98.73 million compared to USD 104.72 million a year ago. Net income was USD 20.36 million compared to USD 18.23 million a year ago. Basic earnings per share from continuing operations was USD 0.0083 compared to USD 0.0075 a year ago. Diluted earnings per share from continuing operations was USD 0.0083 compared to USD 0.0075 a year ago. For the six months, sales was USD 199.75 million compared to USD 205.07 million a year ago. Net income was USD 73.27 million compared to USD 45.31 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.0186 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to USD 0.0186 a year ago.