China Satellite Communications Co., Ltd. (601698.SS) announced a profit for first quarter that Dropped, from last year
The company's earnings came in at RMB26.841 million, or RMB0.0064 per share. This compares with RMB70.444 million, or RMB0.0167 per share, last year.
The company's revenue for the period rose 0.7% to RMB542.414 million from RMB538.607 million last year.
China Satellite Communications Co., Ltd. earnings at a glance (GAAP) :
-Earnings: RMB26.841 Mln. vs. RMB70.444 Mln. last year.-EPS: RMB0.0064 vs. RMB0.0167 last year.-Revenue: RMB542.414 Mln vs. RMB538.607 Mln last year.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.