PakStox Outlook

For the year ending December 2024, PTC reported a net income of Rs. 4.8 billion, a decline of 50% compared to the previous year. Out of this, Rs. 3.8 billion was reported in the fourth quarter, primarily driven by substantial other income of Rs. 17.2 billion. In comparison, the other income for the same period last year was Rs. 19.4 billion. For the latest quarter ending December 2024, PTC posted a profit of Rs. 1 per share and paid no cash dividend. In the last four quarters, PTC earned a total net income of Rs. 1.3 per share. No cash distributions were made in the last four quarters. In the last five quarters, one quarter incurred a loss. The current market price is 18% lower than its 6-week high. The average daily traded share volume over the past week is 44% lower than the average daily traded share volume over the last six weeks. PTC outperformed the KSE100 by 19% over the past three months. Over the past year, PTC outperformed the KSE100 by 29%. PTC is trading at a market price o...

  Pakistan Telecommunication Company Ltd (PSX:PTC): Financial Results - Q3 Sep2024: PTC, in Q3 Sep2024, incurred a loss of Rs. 137 million, (Rs. -0.04 per share). This reduces the total net income for the last four quarters to Rs. 0.7 per share. In the last four quarters, the company has paid no cash dividends. The profit after tax in the current quarter is shows no increase on the average PAT of the previous four quarters. Compared to same quarter last year; Revenue increased by 9%. Gross profit increased by 33%.  Despite a nearly 9% increase in revenue and an increase in gross margin compared to the previous year, PTC incurred a loss due to a 50% increase in financial charges. On a consolidated basis, PTC reported an after-tax loss of Rs 6.3 billion for this quarter and Rs 15.3 billion for the nine months ending September 2024. PTC is trading at a price-to-earnings ratio of 23. See PTC Earning Release

PTC | Pakistan Telecommunication Company Ltd Earning Release Q1-Mar 2024 PTC announced earnings per share (EPS) of Rs. 0.08, compared to EPS of Rs. 1.07 in the same quarter last year. The company did not declare any dividends. In this quarter PTC earned a profit after tax of Rs. 431.2 million, registering a decrease of 92.1% over last year. To get a perspective on the decrease in profit and loss, note that: ↗ Revenue increased by 13.0% in this quarter, compared to the last year, ↗ Gross profit increased by 18.2%, ↘ Other income decreased by 62.1%, ↗ Financial charges increased by 180.9%, ↘ EBIT decreased by 42.3%, ↘ Profit before tax decreased by 93.0%. The gross profit margin for the quarter was 26%, which was higher than 1.2% compared to the same quarter last year. The tax rate for the quarter was 29%, which was lower by 8% compared to the same quarter last year. So this helped the bottom line somewhat, at least for appearance sake. To provide historical context to the earnings, note...

Pakistan Telecommunication Company Ltd. - Financial Results for the Quarter Ended 31st March, 2024 No Dividend EPS: Rs. 0.08 (substantial decline from first quarter last year, when PTC earned Rs. 1.07 per share) Despite achieving higher turnover, gross profit, and operating profit, a surge in financial charges by more than 2.8 times eroded these gains. Consequently, profit after tax for Q1 2024 plunged to only Rs. 607 million, a steep decline from Rs. 8.67 billion in Q1 2023. Positive Sign: The company's core business seems to be healthy. Higher turnover, gross profit, and operating profit indicate growth in sales, efficiency in production, and good management of operating expenses. PTC today closed at Rs.15.13 losing Rs. 1.02 down 6.32%. Four months back PTC was trading below Rs. 7 per share. It rose to over Rs. 18 by the end of March this year. Etisalat Group based in Abu Dhabi (UAE) has the controlling stake in PTC which it had acquired in privatization. Pak Telecom Mobile Limit...