BTCL forecasts remarkable profit surge for FY: 2023

Botswana Telecommunications Corporation Limited (BTCL), the solitary telecommunication company listed on the Botswana Stock Exchange (BSE), has unveiled an impressive financial forecast, anticipating a substantial surge in profit before tax for the fiscal year ending September 30, 2023. The estimated growth range is an astounding 260 percent to 275 percent, projecting a potential profit between P66 million and P70 million. This represents a significant upswing compared to the P25 million recorded in the corresponding half-year period ending on September 30, 2022.

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