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FCL reports Rs760mn profit for 2024, down 8% YoY

Summary by mettisglobal.news

February 13, 2025 (MLN): Fast Cables Limited (FCL) has reported its financial results for the year ended December 31, 2024, reporting a profit of Rs760 million, marking an 8% decline from Rs827.3mn in the same period last year. This dip in profitability was primarily driven by increased finance costs, despite a significant rise in other income. Fast Cables Limited recorded a total revenue of Rs16.08 billion, reflecting a 6.17% decline compared t…

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mettisglobal.news

FCL reports Rs760mn profit for 2024, down 8% YoY

February 13, 2025 (MLN): Fast Cables Limited (FCL) has reported its financial results for the year ended December 31, 2024, reporting a profit of Rs760 million, marking an 8% decline from Rs827.3mn in the same period last year. This dip in profitability was primarily driven by increased finance costs, despite a significant rise in other income. Fast Cables Limited recorded a total revenue of Rs16.08 billion, reflecting a 6.17% decline compared t…

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mettisglobal.news broke the news in 27 days ago on Thursday, February 13, 2025.

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