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Aerospace & Defense

COVID weighs on Asia's largest satellite operator Sky Perfect Jsat

Japanese company expects tough year ahead despite quarterly profit jump

SkyPerfect Jsat operates satellites for telecom carriers and satellite broadcasters (photo courtesy of Boeing)

TOKYO -- Japanese satellite broadcaster Sky Perfect Jsat warned on Wednesday that the coronavirus would weigh on its earnings for the rest of the year despite reporting a 51% rise in April-June operating profit.

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