APT Satellite (01045) has announced that the group expects its profit attributable to shareholders for the financial year ending December 31, 2025, to decrease by approximately 31% compared to the previous year. The primary reasons for the decline in attributable profit for 2025 are the ongoing oversupply of satellite transponder resources in the Asia-Pacific region, intensified market competition leading to price reductions, which have negatively impacted operating revenue, and increased sublease costs. Despite challenges in the external environment, the group maintains a robust financial position with ample capital. Moving forward, it plans to leverage the satellite and ground network resources of the group and its associates to strengthen development in core markets and enhance localized business operations. These efforts aim to improve the group's service capabilities and sustain profitability. Concurrently, the group has initiated preparatory work for the development of a new generation of advanced satellites to boost the sophistication and competitiveness of its future satellite resources.