BR Research

POL hits the bright spots

Published October 20, 2011 Updated October 20, 2011 12:00am

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Pakistan Oilfields Limited
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(Rs mn)                          1QFY12      1QFY11          chg
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Sales                            7,328       5,394           36%
Gross profit                     4,903       3,208           53%
Gross margin                        67%         59%          12%
Exploration cost                    74         105          -29%
Other income                       430         271           59%
PAT                              3,455       2,233           55%
EPS (Rs)                         14.61        9.44
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Source: KSE notice