SINGAPORE (Aug 4): Global Invacom Group, the satellite communications equipment provider, reported 2Q16 earnings of US$0.2 million, compared to a net loss of US$1.9 million a year ago.

Earnings per share amounted to 0.08 US cent compared to a loss per share of 0.74 US cent a year ago.

Revenue rose 24.4% to US$33.5 million ($45 million). This included contributions from Satellite Acquisition Corporation which became a group subsidiary in August 2015.

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