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Broadband and Cellular sectors have become strong pillars of the company that persistently supported PTCL to generate revenues as it was seen again in the third quarter of financial year 2011-12 which saw profit of Rs. 1.4 billion.
The Telecom company also witnessed growth of 11.3% in revenues. The operational costs on the other hand rose by 7%YoY – pressured by rising salary costs, however operating margins have marginally improved to 9.3% from 8.8% last year. Other operating income by 38%YoY due to lower investment balance and likely absence of dividend from Ufone.
PTCL CEO, Walid Irshad said in a meeting of the company’s Board of Directors held on Wednesday, which announced the company’s nine-months financial results for the period ending March 31, 2012 that, “PTCL’s profit and revenue growth during third quarter of FY12 is a strong indicator of our dynamic corporate directions as well as our customers continued satisfaction and trust.”