Hong Kong – Asia Satellite Telecommunications Holdings Limited (AsiaSat) recently announced its annual results for the year ended 31 December 2011.

The company reported a turnover of HK$1,718,251,000, up 18 per cent from 2010, and an increase of 19 per cent in earnings per share at HK$2.11. According to the announcement, these results were mainly driven by continued growth in core transponder-leasing business and the company’s subsidiary SpeedCast, among other factors.