PTCL Profit Decreases 25 Percent: First Semester Financial Results

PTCL profit decreases 25 Percent: First Semester Financial Results
KARACHI: Pakistan Telecommunication Company Limited (PTCL) has announced unconsolidated profits of Rs4 billion, translating into an earning per share (EPS) of 79 paisas against earnings of Rs5.4 billion and an EPS Rs1.05 during the corresponding period last year, a decline of 25 percent, a statement said on Thursday.
The result remained below the market expectations as the company did not announce any payouts.
Revenues dipped by six percent to Rs27.7 billion on account of lower proceeds from voice-based services, a trend witnessed during the last few quarters.
Operating costs rose by eight percent to Rs20.1 billion on account of higher salary pressure, and leading gross margins to drop by 90 basis points to 27.5 percent.
Moreover, selling and marketing expenses rose by 30 percent to Rs1.2 billion, owing to aggressive marketing campaign.

3 Comments


  1. Etisalat should terminate the services of contrictual staff as they are receing huge salary and doing nothing.I assured you that all the regular and NCPG staff are capable to run the organization smooth and earn more and more revenue for its as they are devoted and original people of the PTCL.


  2. i think that opex also increased due appointment /increasing of top managment staff at very hig rates.

  3. Iftikhar Ahmad says:

    “selling and marketing expenses rose by 30 percent to Rs1.2 billion, owing to aggressive marketing campaign.”

    It is sort of bribe to media.

    Due to this, PTCL pensioners case was not supported fully by media.

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