Saturday, October 14, 2017

PTCL Posts Profit of Rs. 6.5 Billion for the First Nine Months of 2017

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 Posts Profit of Rs. 6.5 Billion for the First Nine Months of 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 revenue growth of 6% during Q3 over same quarter of last year compared to 4% growth for the first nine months versus same period last year. The same applies to Charji/LTE revenues, which grew 20% during Q3 and 7% during first nine months respectively compared to same periods last year. Likewise, Corporate and International revenues have also increased by 7% and 11% respectively on YoY basis. PTCL overall revenue of nine months is down by 3% over same period last year due to continued decrease in Voice and EVO revenues, which could not be offset by growth in other segments.

PTCL posted an after tax profit of Rs. 6.5 billion, which after being adjusted for one-offs, reduced by 7% over same period last year, mainly due to revenue decline and lower financial income.

PTCL’s 100% subsidiary UBank has started contributing positively to the bottom-line of the Group. The Group’s Net Profit increased by 37% over corresponding period of last year mainly due to successful settlement of certain legal issues during the period and improved bottom line of Ufone.

Continuing with its transformation journey, PTCL has successfully upgraded further exchanges in the last quarter, bringing more customers into the ambit of high-end data services so they can enjoy high speed reliable Internet. As quality content demand is increasing day by day, PTCL is providing local and international entertainment content to its high data package broadband customers through its partnership with iflix. Charji/LTE services are showing growth in Azad Jammu Kashmir and PTCL is now extending these services to KPK and Baluchistan, along with other major cities like Multan, Gujranwala and Sialkot so our customers can enjoy 4G LTE speed in these areas. PTCL’s partnership with IBM Cloud is showing good adoption & growth in corporate sector. Asia Africa Europe (AAE-1) is now contributing towards resilience of PTCL Submarine infrastructure & also catering to the growing internet bandwidth needs of the country.




SHARE THIS

Author:

Thanks for visitint our website. like our FB pages and subscribe to our daily upates..you can comment on the above peace bellow with your google id or facebook id. thanks

0 comments:

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Hotel Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________