PTCL Revenue Increased 7% in Half Year 2011-12, Profit Rs 2.84 billions

PTCL Revenue Increased 7% in Half Year 2011-12, Profit Rs 2.84 billions

Islamabad (February 22, 2012): Pakistan Telecommunications Company Limited (PTCL) has gained net profit of Rs.2.84 billion in its half-year earnings made during FY2011-12 for the period ending December 31, 2011,  while also showing a growth of 7% in revenue.
“PTCL’s profits and revenue growth during first half of FY2011-12 is a strong indicator of our dynamic corporate direction as well as our customers’ continued satisfaction and trust,” said PTCL CEO & President, Walid Irshaid, following a meeting of the company’s Board of Directors held here today, which announced the Company’s six-months financial results for the period ending December 31, 2011. “Through optimal use of resource, we want to achieve enhanced revenue, greater levels of customer satisfaction, as well as improve our shareholders’ value.”
According to the PTCL BoD announcement, PTCL’s group revenue stood at Rs.55 billion during the period under review, showing a growth of 6% over FY2010. Of this, PTCL’s net revenue was Rs.28.1 billion, showing a growth of 7% over the previous financial year.
Despite the economic challenges faced by Pakistan, PTCL remained strong throughout 2011 in emerging segments of Broadband in Wire-line as well as Wireless, and other corporate services. PTCL was declared the leading operator in Pakistan by PTA’s 2011 Quality of Service survey for providing the highest quality Broadband Internet service to consumers. PTCL was declared the ‘Best South Asian Telecom Operator 2011’ by the global telecommunications forum, SAMENA.
In 2011, PTCL also launched Pakistan’s first ever 3G enabled tablet with built-in EVO Wireless Broadband. Currently available in more than 100 cities of Pakistan, the “3G EVO Tab” is a 7-inch touch screen tablet powered by Google Android Froyo 2.2, which offers uninterrupted wireless broadband Internet connectivity on the go.
“We are constantly innovating and improving our customer experience,” said Mr. Irshaid, while recounting the successes of PTCL’s most recent business offerings. “We strongly believe that PTCL will remain the market leader and a service provider of choice throughout Pakistan for providing cutting-edge integrated telecom solutions to our customers.”

(Published in PTCL Official Website)

7 Comments

  1. Malik Shoukat Ali Awan says:

    Thank you, when the total earning was 72 billions six years before, The net profit was 29 billions, At that time the employees were 62000 approximatly.
    What an Astonishing Fact. Where is Mony Going … NOBODY can Ask from Foriegn investers They are cutting the Throat of poor Employees & Poor people of Pakistan, Please give the relief to the pakistani Poor peoples and cut your rates of traif. Thank you.


  2. WHEN THE TOTAL EARNING WAS 72 BILLIONS (BEFORE SIX YEARS) THE NET PROFIT WAS 29 BILLIONS, AT THAT TIME THE EMPLOYEES WERE 62000 APPROXIMATLY,NOW IN SIX MONTHS THE TOTAL EARNING IS 55 BILLIONS , THE NET PROFIT IS Rs.2.84 billion.THE TOTAL NUMBER OF EMPOYEES IS HALF OF THAT TIME I.E.31000 APPROXIMATLY.
    WHAT AN ASTONISHING FACT.
    WHERE IS MONEY GOING….NOBODY CAN ASK FROM FORIEGN INVESTERS
    THEY ARE CUTTING THE THROAT OF POOR EMPLOYEES & POOR PENSIONERS..

  3. Abd-ur-Rahman says:

    Employees satisfaction is a “MUST” for any company throughout the globe.


  4. CONGRATULATION TO ALL TEAMS OF PTCL
    AND WE HOPE MANAGMENT WILL BE THINK ABOUT HIS HARD WORKERS STAFF.
    IF MANAGMENT DECIDE IN THIS MEATING ABOUT SCALES WE HAPPY 200%.


  5. Congratulations to all.But ???
    Where is our bonus ???
    Can we expect ???
    No……NEVER>>>>Impossible


  6. This all done just because of hard working employees but still we deprive of revised pay scale and other basic rights. PTCL ought to make increase in nour salary by granting pay revise and other benefits.


  7. very good
    but wt about PTCL employess??
    is there any discuss about scale revise of employees??

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