Pak Datacom : Transmission of Quarterly Accounts March 2022

Pak Datacom

COMPANY INFORMATION

BOARD OF DIRECTORS

1.	Syed Zomma Mohiuddin	Chairman / Non-Executive Director
2.	Brig Syed Zulfiqar Ali, PoP, SI (M), (R)	Chief Executive / Executive Director
3.	Ms. Rubina Safir	Independent Director / Female Director
4.	Mr. Shamim Ahmed Sherazi	Independent Director
5.	Engr. Perwaiz Khan	Non-Executive Director
6.	Syed Junaid Imam	Non-Executive Director
7.	Dr. Faiz Illahi Memon	Non-Executive Director
8.	Mr. Muhammad Waheed	Non-Executive Director
Chairperson
Member
Member

HUMAN RESOURCE & REMUNERATION COMMITTEE

AUDIT COMMITTEE

• 1. Ms. Rubina Safir

• 2. Mr. Shamim Ahmed Sherazi

• 3. Mr. Muhammad Waheed

• 1. Mr. Shamim Ahmed Sherazi

• 2. Dr. Faiz Illahi Memon

• 3. Ms. Rubina Safir

• 4. Syed Junaid Imam

Chairman Member Member Member

PROCUREMENT COMMITTEE

• 1. Syed Zomma Mohiuddin

• 2. Dr. Faiz Illahi Memon

• 3. Engr. Perwaiz Khan

• 4. Mr. Muhammad Waheed NOMINATION COMMITTEE

Chairman Member Member Member

• 1. Syed Zomma Mohiuddin

• 2. Syed Junaid Imam

• 3. Engr. Perwaiz Khan

Chairman Member Member

STRATEGY & PROJECT APPRAISAL COMMITTEE

CHIEF FINANCIAL OFFICER

1.	Syed Zomma Mohiuddin	Chairman
2.	Syed Junaid Imam	Member
3.	Engr. Perwaiz Khan	Member
FCMA, FPFA & FCIS

Syed Muhammad Asif Makhdoomi

COMPANY SECRETARY

Mr. Ali Saleem Rana (Acting Charge)

REGISTERED OFFICE

Telecom Foundation,1st Floor, TF Headquarters, 7-Mauve Area, G-9/4, Islamabad.

HEAD OFFICE

Pak Datacom Ltd, 3rd Floor, Umar Plaza, Blue Area, Islamabad. Tel: [phone], Fax: [phone].

SHARES DEPARTMENT

CDC Shares Registrar Services Limited (CDCSRSL), CDC House, 99-B, Block B, S.M.C.H.S., Main Shahra-e-Faisal, Karachi - 74400. Tel: [phone].

AUDITORS

BDO Ebrahim & Co. Chartered Accountants, 3rd Floor, Saeed Plaza, 22-East Blue Area, Jinnah Avenue, Islamabad. Tel: [phone].

LEGAL ADVISOR

Ahmed Bashir & Associates, Advocates and Solicitors, 210-A, Sughra Tower, Street # 73,

Sector F11/1, Islamabad. Tel: [phone]

DIRECTORS' REPORT

The Directors of Pak Datacom Limited are pleased in presenting to the shareholders un-audited condensed interim financial statements together with their report of the Company for the nine month's period starting from July 01, 2021 to March 31, 2022.

During the period under review, the Company recorded an increase of 17 percent to its revenue in comparison with the same period last year. Revenue of the Company as on March 31, 2022 was recorded at Rs. 665 million, compared to Rs. 566 million on March 31, 2021. Gross profit of the Company is Rs. 125 million as compared to Rs. 90 million for the corresponding period of last year i.e. an increase of 39 percent.

Accordingly, net profit of the Company for the nine month's period ended March 31, 2022, was Rs. 79 million, resulting in earnings per share ('EPS') of Rs. 6.68, as compared to a loss of Rs. 29 million or EPS of Rs. -2.69 for the same period last year.

As a Data Communication organization, major factor contributing towards cost of the Company is the hired media. PDL has managed to reduce the space segment charges during the period and this reduction will bring positive impact on the earnings of the Company during the last quarter of FY 2021-22 and following periods to come.

Pak Datacom Limited is presently diversifying its business avenues. In this regard various new fields are being explored in the field of contemporary technology. In this regard we are focusing on the need of digital connectivity nationwide and are therefore poised to reach remote areas of Pakistan, encompassing our strength in VSAT Network and Terrestrial Digital Connectivity. Following this policy, the Company will continue to strive to explore new revenue streams.

The Board takes this opportunity to thank the Company's shareholders, valued customers, government agencies, financial institutions, employees and all other stakeholders of the Company for their continued cooperation and support without which it would have not been possible to achieve such outstanding results.

For and on behalf of the Board

Islamabad	Brig Syed Zulfiqar Ali (R)	Rubina Safir
April 21, 2022	Chief Executive	Director