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PTCL reports lower profit

KARACHI : Pakistan Telecommunication Company Ltd (PTCL) has posted a lower profit after tax of Rs7.428 billion for the y
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By Imad Uddin

KARACHI: Pakistan Telecommunication Company Ltd (PTCL) has posted a lower profit after tax of Rs7.428 billion for the year ending June 30, 2011.

According to the financial results of the company despatched to Karachi Stock Exchange here Wednesday, the pre-tax profit also declined to Rs11.413 billion compared to Rs14.281 billion in 2010.

The earning per share dropped to Rs1.46 during the period under review against Rs1.82 last year.

 

Copyright APP (Associated Press of Pakistan), 2011

 

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