The board of directors at Pakistan Telecommunication Limited (PTCL) unveiled the result of the company’s prosperous achievement in the year 2015. The directors announced the final sum of money of ten percent, which is paid regularly to its shareholders out of its profits, amounting to Re. 1.00 per share.
The dividend is in addition to the interim cash dividend of 10% amounting to Re. 1.00 per ordinary share. The total allowance for the year thus stood at 20 percent (Rs. 2.00 per portion).
The announcement was made at the company’s 21st Annual General Meeting (AGM) in Islamabad. The company’s CEO and President Dr. Daniel Ritz, members of PTCL board of directors along with other collaborators attended the session.
The achievement of the PTCL is the result of the hard work of the employees at the company. The workers at PTCL are doing their best to compete with a highly challenging market.
The company’s Board of Directors Chairman Rizwan Bashir Khan, while thanking the shareholders, said,
“Building on its accomplishment, the company is committed to maximizing shareholders’ value through sustained commitment to providing cutting edge products and services. The company’s successes have grown immensely through focus on providing unmatched innovation and customer satisfaction within an increasingly competitive market.”
The stakeholders fully agreed to approve all agenda items of the meeting including financial statements for the year ended December 31, 2015.
Earlier, PTCL announced the company’s great performance in the first quarter of 2016.