The profit after tax of Mari Petroleum Company Limited has increased to Rs 3.613 billion in the quarter ended September 30, 2017 as compared to Rs 2.765 billion earned in the corresponding period in 2016. The board of directors of the company in its meeting held on Tuesday declared that the company's earning per share increased to Rs 32.77 in the period under review against Rs 25.09 in the same period last year.
According to the financial results the company's gross sales to customers decreased to Rs 24.537 billion in this quarter against Rs 26.025 billion in the same quarter last year. The company paid Rs 3.109 billion as gas development surcharge in this quarter against Rs 6.286 billion paid in the same account in the same period last year. After payment of general sales tax, excise duty and gas infrastructure development cess, the Company's net sales stood at Rs 9.335 billion in this quarter against Rs 7.262 billion in the same quarter last year.
The company's profit before taxation increased to Rs 5.091 billion in this quarter against Rs 3.805 billion in the same quarter last year.
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