Profit after tax of POL increases to Rs 2.534 billion

The profit after tax of Pakistan Oilfields increased to Rs 2.534 billion in the quarter ended September 30, 2017 as compared to Rs 2.317 billion earned in the corresponding period in 2016. The board of directors of the company in its meeting held on Thursday at Rawalpindi announced that the company's earning per share increased to Rs 10.71 in the period under review against Rs 9.80 in the same period last year.
According to the financial results sent to Pakistan Stock Exchange the company's sales increased to Rs 7.925 billion in this quarter against Rs 6.293 billion in the same quarter last year. The company's profit before taxation increased to Rs 3.528 billion in this quarter as compared to Rs 2.827 billion in the same period in 2016.