OGDCL earns Rs 87.249bn profit in last financial year

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) has earned net after taxation profit of Rs 87.249 billion as comparing to Rs 123.914 billion in the preceding year.

The per share earnings were Rs 20.29.

OGDCL has earned Rs 210.624 billion as comparing to Rs 257.014 billion in last year.

The board of directors in its meeting on Wednesday approved the financial results of OGDCL for the year ended on June 30.

The Board of Directors has declared financial cash dividend of Rs. 1.50 per share (15 percent) totaling to Rs 7.75 /- per share 77.5 percent for the year ended June 30, 2015, said a press release.