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Telecard Limited (TELE): Corporate Briefing Takeaways – By Taurus Research

  • By: Taurus Securities Limited

  • - Published: Thursday, 11 November 2021
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">PAT: 1QFY22 PKR ~98Mn up 11xYoY.</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Higher profits are attributable to reduction in overall costs down 17%YoY due to cost optimization strategy, and opening up new segments which is contributing positively from the topline to profitability..</span></li><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Company History: Telecard started business in 1992 with the launch of Public Pay Phone Service. The Company made its Initial Public Offering in 1995.</span><strong></strong></li></ul>

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