PTCL apprises shareholders of ongoing efforts, achievements
Islamabad (Thursday, October 18, 2012) – 17th Annual General of Pakistan Telecommunication Company Limited (PTCL) with Chairman, PTCL Board of Directors, Amir Tariq Zaman Khan in chair apprised the shareholders of PTCL ongoing efforts and achievements attainted during the past financial year.
Despite the economic challenges facing the country, PTCL has remained strong in emerging segments of broadband both in wire-line as well as wireless and other corporate services, said Tariq.
For the year under review, PTCL Group’s profit after tax was Rs 11.5 billion, 36 percent higher compared to the profit achieved last year, where Group’s revenue was Rs 110.8 billion for the year 2011-12 which is 8 percent higher as compared to the previous year.
He assured the shareholders all strategies planned and implemented by the Board were aimed towards utilising PTCL’s full potential and to achieve the corporate objectives with competence and determination.
Our shareholders’ sustained confidence and trust in PTCL is a result of our continued commitment to ensuring transparent and seamless flow of information, said President and CEO PTCL Walid Irshaid.