AGL 38.45 Increased By ▲ 0.88 (2.34%)
AIRLINK 132.00 Decreased By ▼ -0.50 (-0.38%)
BOP 5.69 Increased By ▲ 0.05 (0.89%)
CNERGY 3.77 No Change ▼ 0.00 (0%)
DCL 8.86 Decreased By ▼ -0.01 (-0.11%)
DFML 41.00 No Change ▼ 0.00 (0%)
DGKC 89.58 Decreased By ▼ -0.58 (-0.64%)
FCCL 35.50 Increased By ▲ 0.42 (1.2%)
FFBL 66.65 Increased By ▲ 0.15 (0.23%)
FFL 10.21 Increased By ▲ 0.06 (0.59%)
HUBC 107.90 Increased By ▲ 1.50 (1.41%)
HUMNL 13.51 Increased By ▲ 0.11 (0.82%)
KEL 4.82 Decreased By ▼ -0.04 (-0.82%)
KOSM 6.83 Decreased By ▼ -0.02 (-0.29%)
MLCF 41.50 Decreased By ▼ -0.30 (-0.72%)
NBP 58.00 Decreased By ▼ -0.58 (-0.99%)
OGDC 181.00 Decreased By ▼ -0.25 (-0.14%)
PAEL 25.66 Decreased By ▼ -0.04 (-0.16%)
PIBTL 5.90 Increased By ▲ 0.07 (1.2%)
PPL 146.51 Decreased By ▼ -1.89 (-1.27%)
PRL 23.30 Increased By ▲ 0.08 (0.34%)
PTC 15.37 Increased By ▲ 0.13 (0.85%)
SEARL 68.39 Decreased By ▼ -0.40 (-0.58%)
TELE 7.29 Increased By ▲ 0.05 (0.69%)
TOMCL 35.98 Decreased By ▼ -0.02 (-0.06%)
TPLP 7.45 Increased By ▲ 0.05 (0.68%)
TREET 14.28 Increased By ▲ 0.04 (0.28%)
TRG 50.98 Increased By ▲ 0.13 (0.26%)
UNITY 26.50 Increased By ▲ 0.10 (0.38%)
WTL 1.22 Increased By ▲ 0.01 (0.83%)
BR100 9,768 No Change 0 (0%)
BR30 29,512 Increased By 112.5 (0.38%)
KSE100 92,052 Increased By 113.7 (0.12%)
KSE30 28,709 Decreased By -34.6 (-0.12%)

ISLAMABAD: The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on Wednesday at OGDCL Head Office, Islamabad announced the financial results for the half quarter ended 31st December, 2021 of fiscal year 2022-23. Net sales revenue clocked at Rs 151.163 billion translating to profit after tax of Rs 68.882 billion and earnings per share of Rs 16.02.

The Board of Directors announced an interim cash dividend for the quarter ended December 31, 2021 @ Rs. 2.00 per share i.e. 20 percent. This is in addition to interim dividend already paid @ Rs.1.75 per share i.e. 17.50 percent to its shareholders. The dividend will be paid to the shareholders whose names will appear in the Register of Members on March 08, 2022.

During the period under review, the company paid Rs 36.288 billion on account of taxation. On the exploration and development side company recorded significant enhancement in seismic efforts and drilling activities.

The Board of Directors appreciated the efforts of the management for taking effective steps for the implementation of company’s aggressive exploration programme.

Copyright Business Recorder, 2022

Comments

Comments are closed.