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Pakistan

OGDCL H1 FY11/12 net profit at 41.57bn rupees

Published Updated

ogdclKARACHI: Oil and Gas Development Co Ltd (OGDCL) reported a net profit of 41.57 billion rupees ($457.87 million) for the first six months of the 2011/12 fiscal year as well as a 1.5 rupee per share cash dividend.

Net profit last year for the same period was 31.6 billion rupees.

By 0737 GMT, OGDCL shares were trading 1.79 percent lower at 163.25 rupees, in a broader market which was down 0.29 percent.

Copyright Reuters, 2012

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