Yahsat's profit fell 38%, to $13.2 million during the third quarter of 2021, compared to the same quarter last year, and by the end of the first nine months of this For the year, profits fell 16%, to 43.3 million dollars.
According to Arabiya Net, the board of directors recommended distributing semi-annual dividends to shareholders, with the total to be paid for the next year amounting to 16 fils per share.
Yahsat indicated that the company concluded commercial and government deals in the third quarter that will support the expected contracted revenues of $2 billion.
