Worldcall Telecom Limited (WTL): 1HCY24 Corporate Briefing Takeaways – By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">WTL is a leading telecom, broadband, and cable TV operator in Pakistan. In 1HCY24, the Company reported a net loss ~PKR 747.7Mn, reflecting a 36%YoY improvement compared to a loss of ~PKR 1.2Bn in the same period last year. This positive trend is largely attributed to innovative technology initiatives implemented by its ultimate parent company, GlobalTech Corporation (GLTK: OTC US).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">WTL reported a 74%YoY increase in direct costs, totaling ~PKR 2.13Bn. Operating costs decreased by 9%YoY to ~PKR 225Mn. Depreciation and amortization expenses fell by 21% to ~PKR 415Mn, while finance costs rose by 18%YoY to ~PKR 351Mn.</span></li></ul><ul><li><span style...