ISLAMABAD: Pakistan Telecommunication Company Limited (PTCL), in its 20th annual general meeting, has announced final cash dividend of 15% amounting to Rs1.50 per share, which is a reflection of the strong results achieved during the year ended December 31, 2014.
The dividend is in addition to the interim cash dividend of 10% amounting to Rs1.00 per ordinary share, earlier declared and already paid to the shareholders.
PTCL President and CEO Walid Irshaid, Board of Directors members along with senior management of the group also attended the meeting. PTCL Board of Directors Chairman Azmat Ali Ranjha welcomed all the shareholders and informed them about the various measures undertaken by the PTCL Group to further consolidate, grow its resources and enhance profitability.
Azmat said, “Last year’s performance is a testament to PTCL management’s resolve and unwavering focus of its employees to further enhance the company’s profitability. Based on the current solid foundation, we are committed to maximize the shareholders’ value by bringing innovation in our products and services.”
Commenting on PTCL’s role as the national carrier, Azmat Ali Ranjha said, “Being the carrier of choice in high-speed broadband regime, last year proved to be another successful year for the company as it continued to grow its subscriber base and product portfolio, uplifting the nation through leading the digitization revolution. PTCL is not only expanding geographically, but also in terms of products, services and quality of experience. Being the only integrated ICT service provider, PTCL is striving to maintain its competitive edge in the corporate segment. PTCL plans to stride beyond the traditional connectivity provider by offering 21st century ICT services.”
