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Telecard Limited (TELE): FY23 Analyst Briefing Takeaways – By AKD Research

  • By: AKD Securities Limited

  • - Published: Monday, 27 November 2023
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<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">TELE held its analyst briefing session today to discuss their FY23 performance. Brief from the session is provided below:</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Management&rsquo;s focus remains to become an enabler for IT adoption and digitization, and become a one-stop shop for all clients. Furthermore, the company is focused on cyber security through Supersecure.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Material developments during FY23 and 1st quarter of FY24 were acquisition of majority holding in Hallmark Company Limited by a subsidiary of Supernet on the main board of PSX, which was then subsequently acquired by Telecard. Furthe...

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