中期報告2025 公 司 簡 介 1045 5C6C796D6E75% 22+852 2600 2100+852 2522 0419aptmk@apstar.comir@apstar.comwww.apstar.com 2 3 7 12 13 14 16 17 18 35 Ocorian Management (Bermuda) LimitedVictoria Place 5th Floor31 Victoria StreetHamilton, HM 10Bermuda 1617 Clarendon House2 Church StreetHamilton, HM 11Bermuda 22(852) 2600 2100(852) 2522 0419www.apstar.comaptmk@apstar.comir@apstar.com 1045 379,673,000391,842,0003.11%77,383,000101,660,00023.88%8.3310.95 2.504.507 5C6C796D6E 75% 5C 5C13863CKu Ka5CTelesat Canada57% 6C 6C13445CKu Ka 7 776.556CKu 9 914246CKu 6D 6D1346D 6E 6E1346E CC5G Starlink 5C6C796D6E 379,673,000391,842,0003.11%23.88%77,383,000 51,406,000 2,154,0002,557,00015.76% 1,388,0001,388,000 1,133,0001,133,000 13 15,922,00019,497,0006 EBITDA E B I T DA1 3 . 8 9 %261,020,000EBITDA77.4%68.7% 15,550,00020,124,000 85,600,000667,680,00070,000,000546,000,00015,600,000121,680,000 12,000,00093,600,000 100,000,000 845,473,00031,970,00012.1%0.5 16,153,00092,932,000113,133,00045,945,00083,341,000 2,511,187,00088.67%4.08%7.19%0.06%367,000452,365,0002,058,455,000 367,000367,000 2,502,0002,560,000 169,871,000125,758,000 116,900,000116,900,00020% 805,968,000880,358,000805,968,000874,720,00012,179,00013,303,00011,230,00012,188,0002,545,0002,355,000163,629,000178,732,000163,440,000177,382,000 23 118113 141516 1. 34343434 3434 24103536 2. •21 21 21 21 3. 90% 10%124,372,000110,190,000 (a)(b)(c)(d)70,091,000176,918,00086,000,00046,664,00063,310,000167,708,000117,619,00043,205,000 4. 5. (b) (c) 16.5%16.5% 28.25%16.5% 16.5%16.5% 7.5 7. (a) 2.504.50 (b) 6.5014.50 8. (a) 77,383,000101,660,000928,573,000928,573,000 (b) 9. (a) (b) 15,550,00020,124,0002,926,00012,0002,926,00030,000 (c) 10. 7,909,0008,053,000206,000309,00062,000222,000 11. (a) (b) 4,368,0004,368,000 12. 2,0002,35960070830% 6D 30234646.820% 6E 13. 1,388,0001,388,000 1,133,0001,133,000 14. 23,153,00022,147,000 3031–6061–9091–120120 30 15. 11,834,00011,572,000 17. 3 12116,900,000116,900,00020% 805,968,000880,358,000805,968,000874,720,00012,179,00013,303,00011,230,00012,188,0002,545,0002,355,000163,629,000178,732,000163,440,000177,382,000 18. 0.10 19. 13 • •• 10 19. 20. 21. 2,502,0002,560,000 22. (i)(ii)(iii)(iv) 23. 23,214,0007 5713365% 1. (a)81.68%(i)APT Satellite International Company LimitedAPT International42.86%(ii)100%13,500,0001.45%(b)100%APT International 14.29%(c)13,500,0001.45% 2. (a)APT International 42.86%(b)100%13,500,0001.45% 3.APT International481,950,00051.90% 4.TemasekHoldings(Private)LimitedTemasekTemasek50.29%Singasat Private Limited100%Singasat Private LimitedAPTInternational 28.57%51,300,0005.53% 336 XV352 438,000(1) (1)XV438,000 352XVXVC3 13.51B(1) C1 B.2.2 1231343434343434 2410 3434 P06095