PSO declares 20pc bonus, 25pc dividend

KARACHI: Pakistan State Oil (PSO) has posted a lower profit after tax of Rs 9.056 billion during the financial year ending June 30, 2012 declared 20 percent bonus share and final cash dividend of Rs 2.5 per share.

According to financial results sent to Karachi Stock Exchange (KSE) here Thursday, profit before tax of the company declined to Rs 13.674 billion for the period under review as compared to Rs 17.974 billion in the corresponding period 2011.

The earning per share dropped to Rs 52.80 during 2012 against Rs 86.17 last year.

However, PSO's sales climbed to Rs 1.199 trillion as compared to Rs 974.917 billion in 2011.