PTCL Revenue Increased 31%, Net Profit Rs 9.3 billion in 9 months

PTCL Group Revenue Increased 16%, Net Profit Rs 11.3 billion in 9 months

PTCL’s Financial Results for the Period January-September, 2013
Islamabad (Tuesday, October 22, 2013) – Pakistan Telecommunication Company Limited (PTCL) has announced consolidated revenues of Rs 100.5 billion for nine months period ended on September 30, 2013. The financial results for the period ended September 2013 were announced at the Company’s Board of Directors (BoD) meeting in Islamabad.
PTCL group posted a revenue growth of 16 percent with net profit amounting to Rs 11.3 billion for the period under review, while gross profit stood at Rs 35.98 billion. PTCL’s revenue stood at Rs 60.7 billion and showed a significant increase of 31 percent, with net profit standing at Rs 9.3 billion, while gross profit was recorded at Rs 20.8 billion.

PTCL President & CEO Message
PTCL CEO Walid Irshaid MessageWalid Irshaid President and CEO PTCL said, “Our results reflect the strength of our business model and strong commitment of our team. Our business decisions are geared towards adding value for our stakeholders while continuously seeking avenues for innovation in terms of our products and service offerings” PTCL is on a growth trajectory and our revenues are increasingly being driven from broadband services.

We have been investing heavily to build broadband infrastructure over the last two years and this investment has started to bring dividends, added Irshaid. The Company continues to increase its market share in both wireline and wireless broadband as well as specialised telecom solutions segments by introducing state-of-the-art products and unmatched affordable services.

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  1. inhan kol baud day pensioners noun dain liye paisley nai haigey…?

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