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Pakistan

Pakistan Oilfields FY10/11 net profit at 10.81bn rupees

KARACHI : Pakistan Oilfields (POL) reported a net profit of 10.81 billion Pakistani rupees ($123.54 million) for 2010/
Published September 12, 2011 Updated September 12, 2011 06:00am
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By Parvez Jabri
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oill_400KARACHI: Pakistan Oilfields (POL) reported a net profit of 10.81 billion Pakistani rupees ($123.54 million) for 2010/11 fiscal year (July-June), compared with 7.43 billion rupees last year.

POL also announced a 20 rupees per share final cash dividend.

The result was largely in line with market expectations and POL was trading 1.55 percent lower at 360 rupees, in a broader market which was down 0.25 percent at 10:31 a.m. (0531 GMT).

 

Copyright Reuters, 2011

 

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