The profit after tax of BOC Pakistan Limited has declined to Rs 98.317 million in the half year period ended June 30, 2010 as compared to Rs 166.510 million earned in the same period in 2009. The company's earning per share declined to Rs 3.93 in the period under review against Rs 6.65 in the same period a year back.
The board of directors of the company in its meeting held here on Thursday approved an interim cash dividend for the half year at Rs 1.50 per share ie 15 percent. According to the financial results sent to Karachi Stock Exchange (KSE), the company's sales declined to Rs 1.141 billion in this period against Rs 1.210 billion in the same period a year back. The cost of sales increased to Rs 891.943 million against Rs 842.892 million. The company's profit before taxation declined to Rs 148.596 million in the half-year period in 2010 against Rs 248.159 million in the same period last year.