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PAKISTAN TELECOMMUNICATION LTD Q1 PROFIT UP 18 PCT.

AsiaPulse News

| November 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

KARACHI, Nov 1 Asia Pulse - Pakistan Telecommunication Limited profit for the first quarter ended Sept 30, 2002, posted an increase of nearly 18 per cent, to Rs 4.977 billion (US$84.7 milllion), translating into an earning per share of Re 0.98, compared with the same period a year ago.

Revenue depicted a 5 per cent growth, to Rs 16.55 billion, compared to same period a year ago, reflecting positive impact of the aggressive line-expansion drive undertaken by the telecom giant.

"Nevertheless, reported revenue is 9 per cent below our estimates," said Austin Ismat, research ...

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Source: HighBeam Research, PAKISTAN TELECOMMUNICATION LTD Q1 PROFIT UP 18 PCT.

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