Shell Gas (LPG) has posted Rs 72.159 million as profit in the year ended June 30, 2009 as compared to a loss of Rs 155.421 million recorded in the previous year. The board of directors of the company in its meeting held here on Tuesday declared per share profit of Rs 3.19 in the period under review against per share loss of Rs 8.47 in the same period last year.
According to the financial results, the company's gross sales increased to Rs 1.438 billion in FY09 against Rs 1.295 billion in FY08. The company paid Rs 198.642 million as sales tax this year against Rs 169.215 million in previous year. The cost of product sold declined to Rs 992.825 million against Rs 1,087.174 million. The company recorded Rs 68.575 million as profit before tax in FY09 against after tax loss of Rs 182.730 million in FY08.
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