NileSat adjusts the date of receipt of the bid envelopes for the manufacture and launch of a satellite to September 5

Rana Mamdouh

The Egyptian Satellite Company (Nilesat) has announced the modification of the date of receipt of the envelopes for the limited tender for the project to manufacture and launch the Egyptian satellite Nilesat 301 and its earth stations.

The company said in a statement to the stock exchange today that the date of receipt of the envelopes for the call for tenders was adjusted to September 5 instead of August 26, 2019.

The company recorded $ 11.38 million from the beginning of January to the end of March 2019, compared with $ 13.07 million for the same period last year.

The company's revenues decreased over the same period to $ 32.86 million at the end of March, compared to $ 36.40 million for the same period last year.