Attock Petroleum announces 300pc dividend

KARACHI: Attock Petroleum has earned a record profit after tax of more than Rs4.256 billion for the year ending June 30, 2011 and declared a final cash dividend of Rs30 per share.

According to the financial results of the company despatched to Karachi Stock Exchange Monday, the pre-tax profit also surged to Rs6.017 billion for the period compared to Rs4.846 billion last year.

The earning per share improved to Rs61.58 during the period under review as against Rs52 in 2010.

Company's sales jumped to Rs127.036 billion over last year's Rs94.897 billion.

Copyright APP (Associated Press of Pakistan), 2011