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AsiaSat Post Higher Profits But Concerned About Chinese Business

Submit on Monday, August 27th, 2007 11:00

Asia Satellite Telecommunications Holdings Ltd. (AsiaSat) posted revenues of 461 million Hong Kong dollars ($59 million) in the first half of 2007, down from 475 million Hong Kong dollars ($60.8 million) in the same period a year ago, the company announced Aug. 23. AsiaSat posted a profit of $247 million…

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