BR Research

OGDC shows its muscles

Published October 28, 2011 Updated October 28, 2011 12:00am

=====================================================
Oil & Gas Develpoment Company
=====================================================
(Rs mn)                     1QFY12    1QFY11      chg
=====================================================
Sales                      44,686    39,416       13%
Operating expenses          7,230     6,355       14%
Gross profit               31,905    28,176       13%
Gross margins                  71%       71%
Other income                2,304       607      280%
Exploration expenditure       665     2,532      -74%
PAT                        21,915    16,710       31%
EPS (Rs)                     5.10      3.89
=====================================================

Source: KSE notice