BTC half year profit could reach P100 million.

Half year profit before tax for Botswana Telecommunications Corporation Limited (BTCL), the country ‘s only telecom publicly listed company, could surpass P100 million, a trading statement has suggested.

In a statement published on Botswana Stock Exchange(BSE), the partly government owned telecom giant advised its shareholders and investors that for the half year period ended 30 September 2021 profit before tax is likely to be between 25% — 32 % ( P19 million – P24 million) higher than the P77 million registered inthe previous half year ended September 2020.

The audited results are expected to be released on or before 31 December 2021. Botswana Telecommunications Corporation Limited (BTCL) is 51 % owned by Government of Botswana, the company listed on the BSE in 2016.

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