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PTCL’s Q1 Net Profit Fall by 19 Percent

Despite PTCL is trying to develop new sources of income, its first quarter results fell by 19%, reported PTCL.

PTCL LogoThis was pretty much the same happened last year where company’s profit fell to 13.9 billion from 14.5 billion in the same quarter of the year.


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According to PTCL, the company’s net income fell to Rs. 2.08 billion ($24.2million) in the quarter ending September 30, 2010 from Rs. 2.57 billion a year earlier.

Net income fell to 2.08 billion rupees ($24.2 million) in the three months ended September 30, 2010 from 2.57 billion rupees, a year earlier.

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