About this document

PTCL FY09 Results Review and Outlook by paranoidweakling is a document available to read on EtoBox.

PTCL reported earnings of Rs9.15bn for FY09, slightly below estimates. Earnings declined 28% compared to the previous year due to a one-time separation charge last year. Revenues fell 11% to Rs59.2bn due to declining fixed line subscribers. However, growth in wireless, broadband, and services helped offset some of the decline. The stock is rated a "Buy" based on an attractive valuation and management

Author

paranoidweakling

Language

EN