Pak Oilfields posts profit

Karachi: Pakistan Oilfields Limited has posted Rs 6,314.587 million as profit after tax (PAT) translating an earning per share (EPS) of Rs 32.03 in the year ended June 30, 2007 as compared to Rs 6,125.642 million PAT and Rs 31.08 as EPS in the corresponding period last year.

The board of directors of the company in its meeting held on Tuesday recommended a final cash dividend for the year at Rs 15 per share, ie, 150 percent. In an information sent to the Karachi Stock Exchange (KSE), it was said that the net sales of the company stood at Rs 14,239.420 million during the period under review against Rs 14,650.159 million in the same period last year.

The other operating income of the company was Rs 913.156 million in this period against Rs 739.273 million in the same period in FY06. The company's profit before tax was Rs 8,222.587 million in FY07 against Rs 8,274.642 million in the same period last year.