Corporate corner: PTCL announces results for Jan-Mar
The gross and net profit of the group stood at Rs8.5 billion and Rs0.716 billion, respectively
PHOTO: PTCL
ISLAMABAD:
Pakistan Telecommunication Company Limited (PTCL) announced results for the first quarter of financial year 2015, stating that revenues clocked in at Rs30.2 billion for the period ended March 31, 2015. It further added that gross and net profit of the group stood at Rs8.5 billion and Rs0.716 billion, respectively.
Published in The Express Tribune, April 17th, 2015.
Pakistan Telecommunication Company Limited (PTCL) announced results for the first quarter of financial year 2015, stating that revenues clocked in at Rs30.2 billion for the period ended March 31, 2015. It further added that gross and net profit of the group stood at Rs8.5 billion and Rs0.716 billion, respectively.
The company said that cash flows remained strong owing to the steady growth in subscriber base. The release added that PTCL earned revenue of Rs19.2 billion during the period and its net profit was recorded at Rs2.5 billion, while gross profit remained Rs 6.1 billion. Walid Irshaid, CEO at PTCL, said, “PTCL’s strategy of investment in next generation communications has translated in a robust first quarter performance.”
Published in The Express Tribune, April 17th, 2015.