StockMarketWire.com - Satellite communications company Global Invacom said profit more doubled in the third quarter fo the year as a rise in demand and the launch of new products improved performance.

For the three months ended 30 September 2019, pre-tax profit rose to $294K from $104K on-year as revenue rose 6.4% to $32.5m.

Revenue for the nine months ended 30 September 2019 increased 21.5% to US$104.4m.

The group had continued to deliver sales growth in quarter, driven by reflecting increasing consumer demand for data and connectivity, the company said.


At 9:34am: [LON:GINV] Global Invacom Group share price was 0p at 8p



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