Attock Petroleum profit after tax increases

KARACHI: The profit after tax of Attock Petroleum Limited has increased to Rs 1,097.828 million in the quarter ended September 30, 2011 as compared to Rs 875.113 million in the corresponding quarter in 2010. The board of directors of the company in its meeting held on Monday declared that the earning per share of the company has increased to Rs 15.88 in the period under review against Rs 12.66 in the same period last year.

According to the financial results sent to Karachi Stock Exchange, the company’s sales increased to Rs 41.409 billion in this quarter against Rs 21.157 billion in the same quarter last year. The company paid Rs 5.475 billion as sales tax in this period against Rs 2.774 billion in the same period last year. The company’s cost of product sold increased to Rs 34.717 billion against Rs 17.541 billion. The company’s profit before taxation increased to Rs 1.522 billion in this quarter against Rs 1.190 billion in the same quarter last year.

Leave a Reply