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.
Japanese company expects tough year ahead despite quarterly profit jump
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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.