KARACHI: Pakistan State Oil (PSO) posted profit-after-tax at Rs3.2 billion during the third quarter of this fiscal year.

The company also announced a cash dividend of Rs6 per share during the period despite facing inventory losses of Rs8.3bn. In comparison, no dividends were issued in the same period last year.

During the period, the company witnessed a 20pc reduction in sales turnover to Rs824bn.

Published in Dawn, April 28th, 2015

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