Attock Petroleum’s distinction doubles
KARACHI: Attock Petroleum Limited’s (APL) net distinction doubled to Rs3.15 billion in a six-month duration finished Dec 31, 2016 on a behind of uptick in net sales, dump in cost of products’ sales and receipt of other charges.
The association had requisitioned a distinction during Rs1.64 billion in a same 6 months of a prior year. Earnings per share (EPS) stood during Rs38.06 in a half-year duration as compared to Rs19.78 in a analogous period, a association pronounced in a presentation to a Pakistan Stock Exchange.
Share cost of a organisation strike a reduce extent and fell by Rs37.46 to Rs711.93 with a volume of 534,750 shares.
The net sales were adult 1% to Rs61.49 billion from Rs60.84 billion, while a cost of products’ sales forsaken 1.5% to Rs57.57 billion from Rs58.46 billion.
Published in The Express Tribune, Jan 28th, 2017.
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Article source: http://tribune.com.pk/story/1309083/attock-petroleums-profit-doubles/