Dialog Group records Rs 4.93b profit in 1H, 2006

Dialog Telekom Ltd, (DTL) post consolidation with subsidiary performance, recorded a profit after Tax (PAT) of Rs. 4.93 billion for the first-half of 2006.

Dialog Telekom and its subsidiary Dialog Broadband Networks (Pvt) Ltd. DTL recorded a PAT of Rs. 4.89 billion representing a 42 per cent earnings growth relative to the figure of Rs. 3.45 billion recorded for the corresponding period in 2005.

For the six months ended June 30, 2006, the company revenue increased by 48 per cent to Rs. 12.03 billion compared to the first-half of 2005.

Revenue growth was fuelled by parallel growth in the key revenue drivers of subscriber base, network reach, increase in usage per customer and expansion in international business.

Revenue growth was driven by the consistent growth in pre-paid and post-paid subscriber base. The post paid active subscriber base increased by 16 per cent when compared to the first half of 2005 from 0.40 million to 0.47 million. The pre-paid active subscriber base increased by 55 per cent from 1.35 million to 2.09 million.

Domestic revenue, which consist mainly of pre-paid and post-paid revenue, accounted for approximately 78 per cent of the Company as Revenue in the first-half of 2006.