PTCL reports earnings of Rs5.7 billion after an impressive growth in revenues

10:18
February 12, 2019
MG

February 12, 2019 (MLN): Pakistan Telecommunications Limited has stated consolidated bottom-line earnings of Rs. 5.7 billion for the year ended December 31, 2018, demonstrating an increase of 32% as compared to previous year.

According to the company’s financial earnings report, the profits were mainly driven by improvement in sales revenue, which depicted a growth of around Rs. 9 billion.

Further positive movements emanated from reduction in the company’s provision for income tax by around 40%.
Moreover, unlike previous year, there was no share of loss from associate companies for the said period which further led to stronger financial position of the company.

Consolidated Profit and loss account for the year ended December 31 2018 (Rupees'000)
	Dec-18	Dec-17	% Change
Revenue	126,160,386	117,019,265	7.81%
Cost of services	-91,788,250	-90,538,326	1.38%
Gross profit	34,372,136	26,480,939	29.80%
Administration and general expenses	-18,646,757	-17,336,472	7.56%
Selling and marketing expenses	-6,735,399	-6,132,586	9.83%
Operating profit	8,989,980	3,011,881	198.48%
Other income	5,721,522	9,842,166	-41.87%
Finance costs	-7,762,017	-6,457,612	20.20%
Share of loss from associate		-7,624
Profit before taxation	6,949,485	6,388,811	8.78%
Provision for income tax	-1,239,481	-2,071,158	-40.16%
Profit after taxation	5,710,004	4,317,653	32.25%

Copyright Mettis Link News

Posted on: 2019-02-12T15:18:00+05:00

26027

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.30000	278.50000	278.50000	278.30000	03:02 PM
2	EUR	1.07085	1.07091	1.07091	1.07085	08:47 PM
3	GBP	1.24560	1.24566	1.24566	1.24560	08:47 PM
4	CHF	0.91147	0.91159	0.91159	0.91147	08:47 PM
5	JPY	154.74700	154.75200	154.75200	154.74700	08:47 PM
6	CAD	1.36593	1.36600	1.36600	1.36593	08:47 PM
7	AUD	0.64926	0.64929	0.64929	0.64926	08:47 PM
8	INR	83.28380	83.28430	83.28430	83.28380	08:46 PM
9	SAR	3.75070	3.75090	3.75090	3.75070	05:47 AM
10	AED	3.67230	3.67330	3.67330	3.67230	05:46 AM
11	HKD	7.83570	7.83580	7.83580	7.83570	08:47 PM
12	CNH	7.25787	7.25847	7.25847	7.25787	08:47 PM
13	CNY	7.24480	7.24570	7.24570	7.24480	11:52 PM
14	THB	36.86000	36.87400	36.87400	36.86000	08:47 PM
15	MYR	4.77400	4.77900	4.77900	4.77400	08:25 PM
16	IDR	16,118.20000	16,159.70000	16,159.70000	16,118.20000	08:46 PM
17	SGD	1.36021	1.36029	1.36029	1.36021	08:47 PM
18	NZD	0.59380	0.59440	0.59421	0.59414	08:47 PM
19	MXN	16.95700	16.96300	16.96300	16.95700	08:47 PM
20	TRY	32.55350	32.56350	32.56350	32.55350	08:47 PM
21	SEK	10.79990	10.81110	10.81106	10.79989	08:47 PM
22	ZAR	19.10160	19.13160	19.13160	19.10160	08:47 PM
23	NOK	10.89300	10.92070	10.90671	10.89507	08:47 PM
24	DKK	6.96520	6.96620	6.96620	6.96520	08:47 PM
25	ARS	872.74900	872.75900	872.75900	872.74900	08:47 PM
26	BDT	107.93300	111.30800	111.30797	107.93329	08:00 PM
27	BHD	0.37698	0.37703	0.37703	0.37698	05:46 AM
28	BRL	5.13050	5.13350	5.13350	5.13050	08:44 PM
29	KRW	1,369.09000	1,369.25000	1,369.25000	1,369.09000	08:47 PM
30	KWD	0.30799	0.30809	0.30809	0.30799	12:44 AM
31	LKR	296.61500	303.17700	303.17688	296.61502	08:00 PM
32	OMR	0.38498	0.38502	0.38502	0.38498	05:47 AM
33	QAR	3.64600	3.64900	3.64900	3.64600	05:47 AM
34	RUB	93.47000	94.07000	94.07000	93.47000	08:00 PM
35	AFN	70.00000	73.00000	73.00000	70.00000	08:00 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	06:38 AM
37	TMT	3.35000	3.65000	3.65000	3.35000	08:00 PM
38	MVR	15.26000	15.66000	15.66000	15.26000	08:00 PM
39	UZS	12,690.00000	12,770.00000	12,770.00000	12,690.00000	08:00 PM
40	PHP	57.38600	57.49100	57.49100	57.38600	08:41 PM
42	NGN	1,233.00000	1,234.00000	1,234.00000	1,233.00000	08:24 PM
43	KES	133.00000	135.00000	135.00000	133.00000	08:24 PM
44	AMD	390.04000	390.04000	390.04000	390.04000	08:00 PM
45	TWD	32.53500	32.56500	32.56500	32.53500	08:47 PM
46	XAU	2,322.07000	2,322.39000	2,322.39000	2,322.07000	08:46 PM
47	XAG	27.25220	27.26350	27.26350	27.25220	08:46 PM
48	XPT	909.60000	918.60000	918.60000	909.60000	05:47 AM
49	XPD	1,020.10000	1,025.75000	1,025.75000	1,020.75000	05:47 AM
2,120	VES	36.26120	36.34220	36.34216	36.26125	08:00 PM
2,212	UGX	3,769.29000	3,853.65000	3,853.65305	3,769.28701	08:00 PM
2,213	TZS	2,594.99000	2,595.01000	2,595.01500	2,594.98500	08:24 PM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	71,846.64	71,359.405	71,338.43	-74.056	-0.104	383,445,458.0	14,889,881,592.600	23/04/2024 04:13 PM
ALLSHR	47,130.64	46,865.873	46,836.87	-98.781	-0.210	652,962,508.0	24,431,501,771.190	23/04/2024 04:13 PM
KSE30	23,685.35	23,566.856	23,534.69	0.501	0.002	105,787,553.0	9,001,534,258.600	23/04/2024 04:13 PM
KMI30	120,645.96	119,675.932	119,552.66	77.916	0.065	170,342,506.0	8,837,506,407.860	23/04/2024 04:13 PM
KMIALLSHR	33,523.95	33,318.567	33,318.59	-47.008	-0.141	508,418,986.0	19,702,328,669.270	23/04/2024 04:13 PM
BKTi	17,962.81	17,852.482	17,760.93	-63.214	-0.353	24,348,778.0	2,523,701,350.410	23/04/2024 04:13 PM
OGTi	17,099.54	16,869.074	16,809.71	-50.514	-0.299	6,409,607.0	961,700,948.010	23/04/2024 04:13 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	66,535.0	66,650.0	66,110.0	100.00
BRENT CRUDE	EB	88.5	88.5	88.5	0.08
RICHARDS BAY COAL MONTHLY	EF	105.5	0.0	0.0	-2.10
ROTTERDAM COAL MONTHLY	ET	120.0	0.0	0.0	1.35
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	83.5	83.6	83.3	0.09
SUGAR #11 WORLD	SB	19.6	19.8	19.5	0.02

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