The net sales revenue of Oil and Gas Development Company Limited (OGDCL) has increased to Rs 64.395 billion compared to Rs 62.426 billion in the corresponding period of last financial year. According to a press release, the Board of Directors of Oil & Gas Development Company Limited (OGDCL) has announced the financial results for the first quarter ended on September 30, 2014.
Profit after tax stood at Rs 28.310 billion resulting into Earnings per share of Rs 6.58. The Board of Directors has announced first interim cash dividend of Rs 2.50 per share (25.00pc). The above entitlement will be paid to the shareholders whose name will appear in the Register of Members on Monday, December 15, 2014. The Share Transfer Books of the company will be closed from Tuesday, December 16, 2014 to Tuesday, December 23, 2014 (both days inclusive).
Transfer received at the Share Registrar Department, Central Depository Company of Pakistan Limited, CDC House, 99-B, Block 'B' SMCHS, Main Shahrah-e-Faisal, Karachi-74400 at the close of business on Monday, December 15, 2014, will be treated in time for the purpose of above entitlement to the transferees.-PR