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PTCL Group revenue grows 8%, profit jumps 32% in 2018

Tuesday 12 February 2019 | 17:49 CET | News
Pakistan Telecommunication Company Limited (PTCL) posted group revenue of PKR 126.2 billion for the twelve months of 2018, which represents an increase of 8 percent year-on-year. PTCL Group's revenue growth in the fourth quarter accelerated to 13 percent year-on-year. Revenue generated by the Ufone unit rose 13 percent year0on-year, while UBank, a microfinance banking subsidiary of PTCL, saw its revenue jump 64 percent in 2018. PTCL Group's operating profit and net profit for the year have jumped 198 percent and 32 percent, respectively.

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Categories: Mobile & Wireless
Companies: PTCL / Ufone
Countries: Pakistan
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