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General

PTCL Group's H1 revenue grows 6% boosted by Ufone, Ubank businesses

Thursday 18 July 2019 | 07:22 CET | News
Pakistan Telecommunication Company Limited (PTCL) saw its group revenue for the first six months of 2019 reach PKR 66.3 billion, which represents an increase of 9 percent year-on-year. Group revenue growth was mainly boosted by increasing sales at its Ufone mobile unit and the Ubank microfinance banking subsidiary, the company said. Ubank posted a revenue growth of 50 percent year-on-year. PTCL Group's operating profit and net profit for the half-year period jumped 20 percent and 10 percent, respectively.

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Categories: General
Companies: PTCL / Ufone
Countries: Pakistan
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