The profit after tax of Pakistan Tele-communication Company Limited (PTCL) increased to Rs 9.294 billion in the year ended June 30, 2010 (FY10) as compared to Rs 9.151 earned in FY09. The board of directors of the company in its meeting held Thursday declared that the company''s earning per share increased to Rs 1.82 in the period under review against Rs 1.79 a year back.
According to the financial results sent to Karachi Stock Exchange (KSE), the company''s revenue declined to Rs 57.174 billion in FY10 against Rs 59.239 billion in FY09. The cost of services increased to Rs 38.258 billion against Rs 37.732 billion. The company''s administrative and general expenses reduced to Rs 7.223 billion against Rs 8.935 billion while selling and marking expenses increased to Rs 2.142 billion against Rs 1.817 billion. The company''s other operating income increased to Rs 5.134 billion against Rs 4.267 billion. The company''s profit before taxation increased to Rs 14.281 billion in FY10 against Rs 14.020 billion in FY09.
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