Hong Kong’s APT included in Hang Seng
September 1, 2017
By Chris Forrester
APT Satellite will on September 4th be included in the Hong Kong stock exchange’s Hang Seng Global Composite Index.
The news emerged along with the operator’s 6-month results to June 30th which showed flat revenues and a lowering of its all-important fill-rate. Of its 181 available transponders in the fleet they were 68.4 per cent filled.
Revenues were HK$599 million ($76.7 million) and slightly down on the same period last year, although EBITDA rose from 82.7 per cent last year to 84.3 per cent in the first-half of this year.
APT operates 4 craft over Asia.