WorldCall Telecom Earned Rs290.25 Millions Profit in 2011
KARACHI (January 30, 2012) : WorldCall Telecom Limited has posted Rs 290.250 million as profit after tax in the year ended December 31, 2011 as compared to after tax loss of Rs 1,147.006 million in the corresponding period in 2010.
The board of directors of the company in its meeting held on January 27, 2011 declared that the company’s earning per share stood at Re 0.34 in the period under review against per share loss of Rs 1.33 in the same period a year back.
According to the financial results sent to Karachi Stock Exchange on Monday, the company’s net revenue increased to Rs 8.001 billion in 2011 against Rs 7.464 billion in 2010. The direct cost reduced to Rs 6.012 billion in 2011 against Rs 6.615 billion in 2010.
The company posted Rs 100.837 million as profit before taxation in 2011 against loss before taxation of Rs 1,511.453 million in 2010.
(Published in Business Recorder on 31-01-2012)