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Attock Petroleum Limited posted Rs 4.256 billion as profit after tax in the year ended on June 30, 2011 (FY11) as compared to Rs 3.594 billion earned in FY10. The company's earning per share increased to Rs 61.58 in the period under review against Rs 52.00 in the previous year.
The board of directors of the company in its meeting held on September 10, 2011 in Damascus, recommended final cash dividend for the year at Rs 30 per share ie 300 percent. This is in addition to the interim dividend already paid at Rs 11.50 per share ie 115 percent.
During FY11, the company's sales increased to Rs 127.036 billion as compared to Rs 94.897 billion in FY10. The company paid Rs 17.642 billion as sales tax in FY11 against Rs 12.105 billion paid in the same account in FY10. The company's cost of product sold increased to Rs 104.680 billion against Rs 79.032 billion. The company's profit before tax increased to Rs 6.017 billion in FY11 against Rs 4.846 billion in FY10.

Copyright Business Recorder, 2011

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