Pakistan
OGDCL Fy10/11 profit at 63.53bn rupees
KARACHI : Oil and Gas Development Co Ltd (OGDCL) reported a net profit on Friday of 63.53 billion rupees ($736 million)
KARACHI: Oil and Gas Development Co Ltd (OGDCL) reported a net profit on Friday of 63.53 billion rupees ($736 million) in the 2010/11 fiscal year (July-June), up 7.35 percent from last year.
That compared with a net profit of 59.18 billion rupees last year.
OGDCL also announced a 2.5 rupees per share final cash dividend.
OGDCL shares were trading 0.79 percent higher at 128.89 rupees, in a broader market which was up 0.77 percent.
Copyright Reuters, 2011
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