SLT’s operating profit rises by 42%

INSUBCONTINENT EXCLUSIVE:
The SLT Group announced its financial results for the first half of the year 2019 with a remarkable growth of 42% YoY in Operating Profit
to reach Rs
4.5 billion(Bn).The growth momentum was driven by better management of costs and increase of revenue by 7.9% YoY to Rs
42.6 Bn with significant contributions from its key business portfolios of fixed and mobile broadband services, Global business, Career
domestic, Enterprise intelligent business solutions, PEO TV services, National Backbone Services and Digital Services
The Group comprises of nine subsidiaries including its mobile arm Mobitel (Pvt) Ltd
The Gross Profit was recorded at Rs
18.8 Bn with a YoY growth of 13%.