China Satellite on July 12 forecast 1H 2026 net profit attributable to owners of the parent of 30.5–36.5 mln yuan, swinging to a profit versus a year earlier. The company cited faster progress on key satellite development contracts, with more contracts reaching acceptance milestones than in the prior-year period, which lifted revenue and profit; its satellite applications business remained stable.

2026-07-12

China Satellite on July 12 forecast 1H 2026 net profit attributable to owners of the parent of 30.5–36.5 mln yuan, swinging to a profit versus a year earlier. The company cited faster progress on key satellite development contracts, with more contracts reaching acceptance milestones than in the prior-year period, which lifted revenue and profit; its satellite applications business remained stable.