POL profits increase 86pc
Pakistan Oilfields Limited (POL) has registered 86 percent increase in its quarter net profits, amid a rise in the profit from associated companies.
According to the notification issued to the Pakistan Stock Exchange, the company announced a net profit for the quarter ended September 30 at Rs2.29 billion, up against Rs1.23 billion net profit during the same period of the last year.
The company announced earnings per share (EPS) of Rs9.64 against Rs5.18 in the corresponding period of the last year.
POL said its sales declined to Rs6.46 billion during the year as against Rs6.51 billion in the last year. Other income also remained on the lower side as it was recorded at Rs163.86 million as compared to Rs500.61 million last year.
However, share in profits of associated companies added Rs510 million.
-
Kelsea Ballerini, Chase Stokes Not On Same Page About Third Split: Deets -
Shanghai Fusion ‘Artificial Sun’ Achieves Groundbreaking Results With Plasma Control Record -
Princess Anne Enjoys Andrea Bocelli, Lang Lang Performances At Winter Olympics Opening Ceremony -
Ben Stiller Cherishes Working With Late David Bowie -
Anti-inflammatory Teas To Keep Your Gut Balanced -
Polar Vortex ‘exceptional’ Disruption: Rare Shift Signals Extreme February Winter -
Which Countries Are Worst And Best In Public Sector AI Race? -
Matthew McConaughey Opens Up About His Painful Battle With THIS -
Emma Stone Reveals She Is ‘too Afraid’ Of Her ‘own Mental Health’ -
China Unveils ‘Star Wars’-like Missile Warship For Space Combat -
King Charles Facing Pressure Inside Palace Over 'Andrew Problem' -
Trump Refuses Apology For Video Depicting Obama As Apes Amid Growing Backlash -
Jesy Nelson Reflects On Leaving Girls' Band Little Mix -
World’s First Pokemon Theme Park Opens In Tokyo, Boosts Japan Tourism -
Waymo Trains Robotaxis In Virtual Cities Using DeepMind’s Genie 3 -
5 Simple Rules To Follow For Smooth, Healthy Hair