Tag: posts

PTCL posts profit of Rs. 6.5 billion for the first nine months of 2017

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PR:  PTCL announced the financial results for the nine months’ period ended Sept 30, 2017 in its Board of Directors’ meeting held in Islamabad on October 11, 2017. PTCL earned Rs. 52.8 billion revenue during first nine months of 2017. PTCL’s flagship Fixed Broadband service has started to grow at an accelerated rate, posting a […]…Read More

| 2017 | 65 | billion | months | posts | profit | PTCL | Rs

Several key posts still lying vacant in HEC after months

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article image STAFF REPORT ISB: Higher Education Commission (HEC) is yet to appoint its principal accounting officer and several other key officials. A number of senior management slots are still lying vacant at the HEC including Executive Director, Member Operations and Planning, Member (Academics) and Advisor Human Resource Development, Advisor Quality Assurance, Advisor Finance, Advisor Monitoring, Managing Director Quality Assurance Agency, Director General Learning Innovation, Director…Read More

Several key posts still lying vacant in HEC after months

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article image STAFF REPORT ISB: Higher Education Commission (HEC) is yet to appoint its principal accounting officer and several other key officials. A number of senior management slots are still lying vacant at the HEC including Executive Director, Member Operations and Planning, Member (Academics) and Advisor Human Resource Development, Advisor Quality Assurance, Advisor Finance, Advisor Monitoring, Managing Director Quality Assurance Agency, Director General Learning Innovation, Director General…Read More

PTCL posts Rs81.5b earning for FY2014

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article image STAFF REPORT ISB: PTCL has announced its annual results for the year 2014, riding on the back of its growing fixed and wireless broadband business. Of the total 2014 revenues of Rs. 81.5 billion earned by PTCL, the broadband revenues significantly increased by 34 per cent. The company’s profitability remained stable in spite of extraordinary expenses on account of a successfully completed voluntary separation scheme as well as losses due to fire and floods. PTCL’s group revenues…Read More

PSO posts 8 per cent growth last fiscal year

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article image STAFF REPORT ISB: Pakistan State Oil, the largest oil marketing company in the country, has registered a revenue growth of eight per cent year on year on the back of better volumetric sales and better product margins. This has been mainly due to the increasing demand by the power sector and the ongoing CNG curtailment in the country, furnace oil sales and motor gasoline (petrol) volumes increased by eight to ten per cent coupled with inventory gains during the 1H FY14 supported the…Read More

| 8 | cent | fiscal | growth | posts | PSO | year

LSM posts 3.95 per cent growth last fiscal

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article image STAFF REPORT ISB: The large scale manufacturing (LSM) sector in Pakistan posted a growth of 3.95 per cent in last fiscal 2013-14 over its preceding year, shows statistics released by the Pakistan Bureau of Statistics (PBS). According to the data, the Quantum Index Number (QIM) of LSM industries stood at 121.66 points last fiscal as compared to 117.04 points of the preceding year showing 3.95 per cent increase. The LSM sector performance overall was satisfactory during the…Read More

| 395 | cent | fiscal | growth | LSM | posts

PTCL posts over Rs 131 billion revenue for FY2013

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STAFF REPORT ISB: The PTCL has posted impressive financial results for the financial year 2013 showing a record amount of Rs 131.2 billion (USD 1.29 billion) revenue, while the group’s net-profit stood at Rs. 15.8 billion ($155.02 million). The financial results has recently been announced at the company’s Board of Directors (BoD) meeting recently held in Abu Dhabi, UAE. The company posted revenues amounting to Rs. 81.1 billion while a net profit of Rs. 12.7 billion was also reported…Read More

2012 posts big achievements by Mobilink

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STAFF REPORT IBD: Mobilink has honoured its commitment to make a paradigm shift in Pakistan’s cellular environment by elevating consumer experience to a level that is unparalleled within the local industry, said Rashid Khan, President and CEO, Mobilink.The year 2012 proved to be another year of achievements for Mobilink, which continued to make progress through its increasing investments in infrastructure, enhanced customer care solutions for its subscribers and corporate responsibility…Read More

PTCL posts Rs 7.24 billion net profit in FY2011-12

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article image STAFF REPORT IBD: PTCL has posted a net profit of Rs. 7.24 billion in the financial year 2011-12 posting a steady growth of 9 per cent in its revenue. The annual accounts were announced at the recently held meeting of the PTCL Board of Directors."The positive growth of PTCL’s revenue streams points to our dynamic corporate identity and strong customer base," said PTCL CEO and President, Walid Irshaid, following the BoDs meeting. "Our dynamic corporate leadership and talented…Read More

| 12 | 724 | billion | FY2011 | Net | posts | profit | PTCL | Rs

PTCL posts Rs. 1.4b net profit in 3QFY11-12

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article image STAFF REPORT IBD: PTCL has gained net profit of Rs.1.4 billion in its third quarter earnings for financial year 2011-12 for the period ending March 31, showing a growth of 11.3 per cent in revenue."PTCL’s profits and revenue growth during the third quarter of FY2011-12 is a strong indicator of our dynamic corporate direction as well as our customers’ continued satisfaction and trust," said PTCL CEO and President, Walid Irshaid, following a meeting of the company’s Board of…Read More

| 12 | 14b | 3QFY11 | Net | posts | profit | PTCL | Rs