WorldCall Gains Investors Attention in karachi Stock Exchange

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WorldCall Telecom has been in focus on investors’ attention at Karachi Stock Exchange (KSE) for past one month as shares trading of the company was witnesses huge volume with constant improvement in par values.

On Monday, it was once again seen a top performer at KSE 100 index in terms of volume after number of shares traded crossed 30.86 million benchmark with value of a single share settled at Rs. 4.35 per share in intraday session.

It was not a first time that WorldCall Telecom stood in the top ten most favorite companies grabbing attention of the investors owing t its improved financial health, analysts said.

WorldCall telecom posted Rs. 290.250 million ($3.4 million) as profit after tax in the year ended December 31st, 2011 as compared to after tax loss of Rs. 1,147.006 million in the corresponding period

According to financial results, the company’s et revenue increased to Rs. 8.001 billion in 2011 against Rs. 7.464 billion in 2010.

Meanwhile, WorldCall telecom received a syndicated &35 million load facility for the company’s expansion and availed the financial against corporate guarantee of Omantel.

The situation of cash flow has been improved at WorldCall telecom Limited whereas its liabilities and losses have been seen under control, analysts said.