Pakistan Telecommunication Company Limited (PTCL): Analyst Briefing Takeaways PTCL Q2FY19 – By Spectrum Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan Telecommunication Company Limited (PTCL) conducted its analyst briefing on 22-July-2019 where the management provided an update on 2Q2019 results alongside providing their outlook on the industry. Following are key highlights of the briefing:</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">PTCL Group revenue increased by 6%YoY to PKR32,773mn; on contrary it dropped by 2%QoQ. PTCL PAT diminished by 69%YoY/83%QoQ (Pre IFRS 16 by 50%YoY) to PKR345mn, similarly in 2QFY19 EBITDA increased by 7%YoY to PKR10,963mn; however, fell by 10%QoQ (Pre IFRS 16 by 4%). The company announced a cash dividend of PKR0.50/ share in addition for the year 2019 which equates to PKR2.55bn dividend.</span></li><li><span style="fo...