PPL posts higher profits

KARACHI; Pakistan Petroleum Ltd (PPL) has posted a higher profit after tax of Rs 32.269 billion for nine-month period ending March 31, 2012 as against a PAT of Rs 24.350 billion in the same period last year.

According to the financial results sent to KSE here Wednesday, the pre-tax profit of the company also surged to Rs 46.243 billion compared to Rs 36.306 billion last year.

The earning per share improved to Rs 24.55 in the period under review as against Rs 18.52 in 2011.