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Markets

PTCL reports lower profit

Published February 22, 2012 Updated February 22, 2012 11:46am

 KARACHI: Pakistan Telecommunication Company Ltd (PTCL) has posted a lower profit after tax of Rs 2.844 billion for the half year ending December 31, 2011.

According to the financial results of the company despatched to Karachi Stock Exchange here Wednesday, the pre-tax profit also declined to Rs 4.370 billion compared to Rs 6.181 billion in 2010.

The earning per share dropped to Rs 0.56 during the period under review against Rs 0.79 last year.

Copyright APP (Associated Press of Pakistan), 2012

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