Tag: Rs

PTCL Group posted revenue of Rs. 30 Billion with 4 % YoY growth in Q1 2018

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article image Pakistan Telecommunication Company Limited (PTCL), the Country’s leading telecom and ICT services provider has announced its financial results for the Quarter ended March 31, 2018 at its Board of Directors meeting held in Islamabad on April 12, 2018. PTCL Group’s revenue for Q1 2018 has grown YoY by 4% to Rs. 30 billion as a result of positive […]…Read More

| 2018 | 30 | 4 | billion | group | growth | posted | PTCL | Q1 | revenue | Rs | yoy

Assessment of environmental quality using Remote Sensing (RS) and Geographic Information System (GIS) techniques

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article image Environmental quality is the group of properties and/ or characteristics of environment either generalized or local which has a direct impact on all living organisms. All three components of environment; soil, water and air are influenced by environmental quality which is helpful in risk assessment of these components. Environmental risk assessment provides guidelines to identify […]…Read More

National Bank of Pakistan After-tax Profit of Rs. 23.03 Billion, 1.2% up YoY Balance Sheet Grows to Rs. 2.37 Trillion

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PR:  Meeting of the Board of Directors (BoD) of National Bank of Pakistan (Bank) was held on February 20, 2018 at the Bank’s Head Office in Karachi. The BoD approved the financial statements of the Bank for the year ended December 31, 2017. Maintaining its position in the industry, the Bank reported highest ever profit after […]…Read More

Khushhali Microfinance Bank’s Pre-tax profit increases by 40%, clocking in at Rs. 2.5billion

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PR: Khushhali Microfinance Bank Limited (KMBL) posted its financial results for the year 2017 on 14 February   2018 in Islamabad, posting appreciable growth in bottom line, accompanied with a dividend of Rs 0.53/share. KMBL’s pre-tax profit of PKR 2.49 billion increased by 40% against last year’s profit of PKR 1.78 billion. The increase in profit results […]…Read More

SimPaisa Raises Rs. 25 million in Seed Financing From Sarmayacar

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PR:  Sarmayacar, a syndicate of foreign investors to promote Pakistani startups has announced Rs. 25 million Seed funding for SimPaisa which is Pakistan’s first direct carrier billing company, a product of PublishEx(Pvt.) Ltd. Many online businesses have struggled to generate real revenue growth due to the lack of a simple, one click payment system that allows […]…Read More

PTCL Group posted stable revenue of Rs. 117B in 2017

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PR:  Pakistan Telecommunication Company Limited (PTCL), the country’s leading telecom and ICT services provider has announced its financial results for the year ended December 31, 2017 at its Board of Directors meeting held in Islamabad on February 14, 2018. In 2017, the Group revenue remained stable at Rs. 117 billion after having declined 1% the year before. As […]…Read More

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

610 projects of Rs 747 billion completed in last three years

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article image ISLAMABAD: As many as 610 development projects costing Rs 747 billion relating to all sectors of the economy have been completed during the last three years. According to official sources in the Ministry of Planning, Development and Reforms, out of total 610 completed schemes, 132 projects costing Rs 51 billion are in education, science and technology and Information technology (IT) sectors. Upto 32 projects with a total cost of Rs 9 billion were…Read More

Rs 20 bln USF projects being spent transparently

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article image ISLAMABAD: Minister of State for Information Technology Anusha Rehman Khan has said that the amount of Universal Service Funds (USF) is being spent through a proper mechanism and the USF board has representation both public and private sectors. She said Rs 20 billion worth projects are in progress under the USF throughout the country and these would be further enhanced. "We have Rs 70 billion under Universal Service Funds (USF) out of which Rs…Read More

Rs 1.1b scholarships given to universities students

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article image STAFF REPORT ISB: As many as 909 students across Pakistan have been given scholarships amounting to approximately Rs 1.1 billion to pursue four-year ICT degree programmes in the top universities of under the PM’s ICT Scholarship Programme. While an amount of Rs 54.72 million has been provided to 866 final year projects of undergraduate ICT students of public and private sector universities since 2013 under National Grassroots ICT Research Initiative of the IT Ministry. The…Read More