The profit after-tax of Oil & Gas Development Company Limited (OGDCL) has declined by Rs 337.759 million to Rs 45,629.964 million in the financial year ended June 30, 2007 as compared to Rs 45,967.723 million earned in the corresponding period last year.
The company's earning per share stood at Rs 10.61 in the period under review (FY07) against Rs 10.69 in the same period in FY06.
The board of directors of the company in its meeting held on Wednesday approved a final cash dividend for the year at Rs 3.50 per share ie 35 percent. This is in addition to the three interim dividends amounting to Rs 5.50 per share ie 55 percent already declared during the financial year.
In an information sent to the Karachi Stock Exchange (KSE), it was stated that the company's net sales increased to Rs 100.261 billion in the fiscal 2006-07 as compared to Rs 96.755 billion in the same period last year. The company's profit before-tax stood at Rs 61.058 billion in this period against Rs 65.911 billion earned previously.
Comments
Comments are closed.