PTCL’s revenue stood at Rs60.7 billion and showed a significant increase of 31%, with net profit standing at Rs9.3 billion, while gross profit was recorded at Rs20.8 billion. PHOTO: FILE
Pakistan Telecommunication Company Limited (PTCL), the ICT services provider, has announced consolidated revenues of Rs100.5 billion for nine months ended on September 30, 2013.
PTCL group posted a revenue growth of 16% with net profit amounting to Rs11.3 billion for the period under review, while gross profit stood at Rs35.98 billion.
PTCL’s revenue stood at Rs60.7 billion and showed a significant increase of 31%, with net profit standing at Rs9.3 billion, while gross profit was recorded at Rs20.8 billion.
President & CEO PTCL, Walid Irshaid said that the results reflect the strength of the company’s business model and strong commitment. He said that the company’s business decisions were geared towards adding value for its stakeholders while continuously seeking avenues for innovation in terms of the products and service offerings.
Irshad said that the company continues to increase its market share in both wireline and wireless broadband as well as specialised telecom solution segments by introducing state-of-the-art products and unmatched affordable services.
Published in The Express Tribune, October 23rd, 2013.
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