PTCL Declares Rs. 5.314 Billion Profit After Tax

Posted by 28 February, 2009
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Pakistan Telecommunication Company Limited (PTCL) has published Rs. 5.314 billion after tax in the half year period ending on December 31, 2008 against a loss of 9.541 billion in same period of 2007.

Board of Directors announced earning of Rs. 1.04 against each share as compared to a loss of Rs 1.87 per share in the same period in 2007.

The company revenue somewhat declined to Rs 31.127 billion in 2008 against Rs 31.768 billion company succeeded in reducing the operating cost to Rs 23.910 against Rs 25.115.  The company declared Rs 8.257 billion profit before tax in the half year period against Rs 14.390 loss before tax in 2007.

Categories : Telecom Tags : ,

Comments
February 28, 2009

PTCL was in heavy losses in 2007 :O 9.541 Billion. Thank you for this article. It was a great read.

Posted by Tasadduq

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