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Tag Archives: Financial Results

PTCL sinks deeper into losses as Etisalat dues remain unpaid yet

Pakistan Telecommunication Company Limited reported a Rs 9.90 billion half-year loss, exposing structural weaknesses, while $800m privatization dues from Etisalat remain unsettled. Pakistan Telecommunication Company Limited (PTCL), once Pakistan’s telecom monopoly and still the largest fixed-line operator, has reported a massive consolidated loss of Rs 9.90 billion for the half-year …

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PARCO’S profit mirage: A deep dive into liquidity drains and stalled evolution

Aftab Maken ISLAMABAD:  A recent analysis of Pak-Arab Refinery Limited (PARCO), a crucial joint venture between the Governments of Pakistan and Abu Dhabi, paints a concerning picture of the company’s financial health and strategic outlook, despite its significant national asset base. The report highlights a perilous mix of liquidity strain, …

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