China Satellite Communications Co., Ltd.

Shanghai Stock Exchange 601698.SS

China Satellite Communications Co., Ltd. Gross Profit for the year ending December 31, 2023: USD 131.55 M

China Satellite Communications Co., Ltd. Gross Profit is USD 131.55 M for the year ending December 31, 2023, a -8.93% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • China Satellite Communications Co., Ltd. Gross Profit for the year ending December 31, 2022 was USD 144.45 M, a -7.19% change year over year.
  • China Satellite Communications Co., Ltd. Gross Profit for the year ending December 31, 2021 was USD 155.64 M, a 4.01% change year over year.
  • China Satellite Communications Co., Ltd. Gross Profit for the year ending December 31, 2020 was USD 149.64 M, a -4.44% change year over year.
  • China Satellite Communications Co., Ltd. Gross Profit for the year ending December 31, 2019 was USD 156.59 M, a -9.04% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
Market news
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Shanghai Stock Exchange: 601698.SS

China Satellite Communications Co., Ltd.

CEO Mr. Tao Peng
IPO Date July 1, 2019
Location China
Headquarters Building A
Employees 593
Sector Communication Services
Industries
Description

China Satellite Communications Co., Ltd. provides satellite communications and broadcasting services to broadcast, telecom, corporate, and government customers. It offers satellite resource leasing services, such as long-term and temporary rental; value-added services, including consulting, training, network access test and antenna certification, and interference location services, as well as tracking, telemetry, and control services; and bandwidth rental services for TV channels distribution, contribution, and direct to home broadcast through satellites. The company also provides equipment supply and system integration, uplink service, HUB hosting and operation, and other teleport services; information services comprising remote sensing images, location information, and weather information services; internet access, voip, telemedicine, and other services; and integration internet information, emergency communications, private network communication network, E-education, IoT, and telecommunication services. In addition, it offers telecommunication services that include telecommunication backhaul, terrestrial network, backup, and emergency response support to mobile base stations; streaming media, audio and video transmission, and live broadcasting services; smart monitoring and early warning services; business and general aviation network connection, voice, image, air traffic, and operational data services; and cabin services including internet, entertainment, travel, equipment rental and sales, repair and maintenance, system integration, teleport service, and information services. Further, the company provides integrated satellite broadband communication services, including enterprise network, internet connection, ICT, and audio and video transmission services for shipping lines, oil and gas, and global ports to connect shore and ship platforms for governments, enterprises, and consumers. It operates 16 geostationary communications and broadcasting satellites covering China, Australia, Southeast Asia, South Asia, the Middle East, Europe, Africa, etc. The company is based in Beijing, China. China Satellite Communications Co., Ltd. is a subsidiary of China Aerospace Science and Technology Corporation.

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StockViz Staff

January 15, 2025

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