PTCL announces 10% interim cash dividend on sound performance in Q2-FY2015

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STAFF REPORT ISB: Pakistan Telecommunication Company Limited (PTCL), the premier telecommunication and Information Communication and Technology (ICT) service provider of the country has announced sound financial results for first six months of FY 2015.


PTCL announced revenues of Rs 39.4 billion for the period ended June 30, 2015. Gross net profit of the company stood at Rs12.9 billion and Rs 6.1 billion respectively.


Board of Directors (BoD) of PTCL announced 10% interim cash dividend based on sound performance. PTCL group earned revenues of Rs 61 billion whereas the gross and net profit of the group touched Rs 17.4 billion and Rs 3.2 billion respectively.


PTCL cash flows remained stable owing to sustainable market position fueled by Company`s innovative services and emphasize on high speed broadband portfolio.


PTCL remains committed to providing utmost services to consumers through affordable BB and telecommunication services through cutting edge technology and its client base is increasing at rapid space due to which it garners high market standing amongst the industry being the leading player. The BoD of PTCL expressed to remain committed with perseverance and dedication to deliver ace services to consumers through technological advancements.


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Published in: Volume 06 Issue 29

Short Link: http://www.technologytimes.pk/?p=13886