The profit after tax (PAT) of Attock Refinery Limited has increased to Rs 748.985 million translating an earning per share of Rs 13.17 in the year ended June 30, 2007 as compared to Rs 303.706 million PAT and Rs 5.34 as EPS in the corresponding period last year.
The board of directors of the company in its meeting held on Monday recommended a final cash dividend for the year at Rs 4.00 per share ie 40 percent. The board also recommended issue of bonus shares in the proportion of five shares for every 20 shares held ie 25 percent.
In an information sent to the Karachi Stock Exchange (KSE), it was stated that the net sales of the company surged to Rs 59.108 billion during the period under review against Rs 55.828 billion in the same period last year.
The company's other income stood at Rs 635.166 million in this period against Rs 627.083 million previously. The profit before tax from refinery operation increased to Rs 960.883 million in FY07 against Rs 435.362 million in the same period in FY06.
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