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Al Yah Satellite Communications, known as Yahsat, has announced a 5% increase in its first-half income. The company’s profit for the period rose to million, while its adjusted Ebitda climbed to 5 million. Yahsat’s revenue remained stable at 5 million, driven by its infrastructure business and data solutions business. The company aims for revenue growth of over 5% this year. Yahsat offers satellite services in more than 150 countries and is looking to acquire assets in the Internet of Things sector. The company had negative net debt of over 5 million at the end of June and total liquidity of 6 million, supporting its future investments. Yahsat’s contracted future revenue stands at .9 billion.

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