Thursday, April 29, 2010

Pakistan's PTCL Q3 net profit at 2.5 bln rupees

KARACHI, April 29 (Reuters) - Pakistan Telecommunication Co Ltd (PTCL) (PTCA.KA: Quote, Profile, Research) reported on Thursday a net profit of 2.5 billion rupees ($29.77 million) in the quarter that ended March 31.

This compared with a net profit of 1.91 billion rupees ($22.74 million) in the same period last year.

PTCL also announced a 1.75 rupees per share cash dividend.

PTCL was trading 2.53 percent higher at 21.45 rupees by 0956 GMT, in a broader market .KSE which was down 0.56 percent.

($1 = 84 rupees) (Reporting by Sahar Ahmed) (For more Reuters coverage of Afghanistan and Pakistan, see: here)