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.

This 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.

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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