Revenue for the first half of 2024 down 3% to $200 million, but the company reiterates its guidance for revenue, EBITDA and cash flow
Al Yah Satellite Communications Company
Latest in Al Yah Satellite Communications Company
Al Yah Satellite Communications Company
Abu Dhabi’s Yahsat chooses SpaceX to launch its Al Yah 4 and 5 satellites
The two geostationary satellites form a critical part of UAE’s $5.1 billion mandate to Yahsat to provide secure governmental communications
Abu Dhabi
Yahsat awards $1.1bn contract to Airbus for two satellites
AY4 and AY5 will offer secure governmental communications over a wide geographical area across the Middle East, Africa, Europe and Asia
Abu Dhabi
Yahsat reports record revenue in last year as standalone company
Company to merge with Bayanat and form Space42 this year; Revenue, Normalised EBITDA and Normalised Net Income grows 6%, 5% and 9% respectively
Abu Dhabi
Yahsat announces $54.7mn interim cash dividend for H1 2023
To be eligible for the dividend, investors must purchase shares no later than September 27, 2023 or be shareholders of record as of October 2, 2023
Abu Dhabi
Yahsat reveals net profit rise to $48mn, ‘remains in a strong position’
The Abu Dhabi-based satellite communications company Yahsat announces a 3% rise in EBITDA and 5% growth in net profits for H1 2023
Abu Dhabi Securities Exchange
Abu Dhabi-based Yahsat to pay $52.5 million in dividends to shareholders for 2021
The ADX listed satellite solutions provider signed an agreement worth more than $700 million with the UAE government for managed capacity services on the Thuraya 4 Next Generation Satellite
Al Yah Satellite Communications Company
Yahsat arm wins $247.5m satellite services deal from the UAE gov’t
Gov’t mandate adds to Yahsat’s contracted future revenues which now stand at about AED8.4bn