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Published 23 Jan, 2019 06:57am

POL profits surge 66pc

KARACHI: Pakistan Oilfields Ltd (POL) posted 1HFY19 profit after tax (PAT) at Rs7.889 billion, translating into earnings per share (EPS) of Rs27.79.

This represented a growth of 66pc over PAT at Rs4.761bn and EPS Rs16.77 from the same period last year. The board also announced an interim cash dividend at Rs20 per share.

Attock Petroleum earns Rs2.103bn

Attock Petroleum Ltd declared PAT at Rs2.103bn and EPS at Rs21.13 for the half year ending Dec 31, 2018, recording a drop of 25pc from earnings of Rs2.81bn and EPS Rs28.24 for corresponding period of the earlier year.

The board declared an interim cash dividend at Rs10 per share. Analysts reported the lower profits to higher than expected inventory losses.

Published in Dawn, January 23rd, 2019

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