1518 replies to this topic

[Amin Khan]

fasee, on 22 February 2012 - 03:38 PM, said:

aik aur beemar giya qabar mein....good good.

sara ward khali karain...saray loong ongogin sick companies shud be thrown away.

enter new stocks with healthy balance sheets and payout history for fresh year entry

Well Said ... yehi souncha hay ALLAH kamiyabi day ameen

[Amin Khan]

PTCL reports lower profit
Wednesday, 22 February 2012 16:46

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.

[Lion Heart]

PTCL gains net profit of Rs 2.84bn in half-year 2011-12

KARACHI: Pakistan Telecom-munications Company Limited (PTCL) has gained net profit of Rs 2.84 billion in its half-year earnings made during FY 2011-12 for the period ending December 31, while also showing a growth of 7 percent in revenue.

“PTCL’s profits and revenue growth during first half of FY2011-12 is a strong indicator of dynamic corporate direction as well as customers’, said PTCL CEO and President, Walid Irshaid.

Board of Directors PTCL announced PTCL’s group revenue stood at Rs 55 billion during the period under review, showing a growth of 6 percent over FY 2010. Of this, PTCL’s net revenue was Rs 28.1 billion, showing a growth of 7 percent over the previous financial year.

PTCL remained strong throughout 2011 in emerging segments of Broadband in Wire-line as well as Wireless and other corporate services.

In 2011, PTCL launched Pakistan’s first ever 3G-enabled tablet with built-in EVO Wireless Broadband. staff report

[Amin Khan]

PTCL 1HFY12 results – a brief review
PTCL announced its Half Year FY12 results on 22nd Feb, 2012 reporting profit after tax of PkR 2.86 bn (EPS: PkR 0.56) declining by 28.9% YoY. The results were inline with our expectations of PkR 0.53 EPS. The revenues witnessed an increase of 5.92% to PkR 29.34 bn although the bottom line dropped due to lower gross margin of 26.1% in HYFY12 as compared to 27.25% last year and 45.8% decline in other income to PkR 1.72 bn. The subsidiary of PTCL – Ufone contributes a major portion in the consolidated profitability of the company where it is expected to post PkR 0.95 (PAT: PkR 4.85 bn) in HYFY12 which is yet to be revealed in the consolidated results. We recommend a BUY on PTCL with target price of PkR 16.34 where the stock is trading at a FY12 P/E of 6.73x calculated on the consolidated FY12E EPS of PkR 1.75.
(AF)

==================

PTC: 1HFY12 EPS stood at Rs0.56/share, down 29%YoY

(1HFY12, EPS=Rs0.56, Payout=Nil)

Pakistan Telecom Company Limited (PTC) announced its 1HFY12 result today. The company posted unconsolidated profits of Rs2.8bn (EPS Rs0.56) as against earnings of Rs4.0bn (EPS Rs0.79) in the corresponding period last year – a decline of 29%YoY. The result was largely inline with our expectations.

Revenues grew by 6%YoY while an unyielding cost structure accounted for an 8%YoY rise in operating costs. Consequently, operating margins dipped by 180bps to 9.5% from last year. Earnings further dampened with Other Operating Income plunging by 46%YoY in the absence of dividend income from Ufone.

We maintain our ‘Buy’ call on the scrip.


(JS)

[Lion Heart]

FINANCIAL RESULT FOR THE HALF YEAR ENDED 31/12/2011
PROFIT/LOSS AFTER TAXATION RS. IN MILLION 2,844.110
PROFIT/LOSS BEFORE TAXATION RS. IN MILLION 4,370.175
EPS = 0.56

[Amin Khan]

Pakistan Telecommunication Company gains growth in revenue and earns net profit of Rs.2.84 billion in half-year earnings for fiscal year 2011-12

Islamabad: Pakistan Telecommunications Company Limited (PTCL) has gained net profit of Rs.2.84 billion in its half-year earnings made during FY2011-12 for the period ending December 31, while also showing a growth of 7% in revenue.

“PTCL’s profits and revenue growth during first half of FY2011-12 is a strong indicator of our dynamic corporate direction as well as our customers’ continued satisfaction and trust,” said PTCL CEO and President, Walid Irshaid, following a meeting of the company’s Board of Directors held here today, which announced the Company’s six-months financial results for the period ending December 31, 2011.

“Through optimal use of resource, we want to achieve enhanced revenue, greater levels of customer satisfaction, as well as improve our shareholders’ value.”According to the PTCL BoD announcement, PTCL’s group revenue stood at Rs.55 billion during the period under review, showing a growth of 6% over FY2010. Of this,

PTCL’s net revenue was Rs.28.1 billion, showing a growth of 7% over the previous financial year. Despite the economic challenges faced by Pakistan, PTCL remained strong throughout 2011 in emerging segments of Broadband in Wire-line as well as Wireless, and other corporate services.

PTCL was declared the leading operator in Pakistan by PTA’s 2011 Quality of Service survey for providing the highest quality Broadband Internet service to consumers. PTCL was declared the ‘Best South Asian Telecom Operator 2011’ by the global telecommunications forum, SAMENA. In 2011, PTCL also launched Pakistan’s first ever 3G enabled tablets with built-in EVO Wireless Broadband.

Currently available in more than 100 cities of Pakistan, the “3G EVO Tab” is a 7-inch touch screen tablet powered by Google Android Froyo 2.2, which offers uninterrupted wireless broadband Internet connectivity on the go.“We are constantly innovating and improving our customer experience,” said Mr. Irshaid, while recounting the successes of PTCL’s most recent business offerings.

“We strongly believe that PTCL will remain the market leader and a service provider of choice throughout Pakistan for providing cutting-edge integrated telecom solutions to our customers.”
(PTCL)