OGDCL’s revenue increased to Rs 223.365 billion

The net sales revenue of the Oil and Gas Development Company Limited (OGDCL) has increased to Rs 223.365 billion as compared to Rs 197.839 billion in the corresponding period of last year.

The Board of Directors of Oil & Gas Development Company Limited (OGDCL) announced the financial results for the year ended on June 30 in its meeting which held on Tuesday. The board announced its profit after tax stood at Rs 90.777 billion resulting into earnings per share of Rs 21.11.

The board of directors announced the final interim cash divided for the year ended June 30, 2013 at Rs 2.75 per share i.e. 27.50 percent in addition to Rs 5.50 per share already declared during the year as interim dividends.

The above entitlement will be paid to the shareholders whose name will appear in the register of members on Tuesday, September 17, 2013. The share transfer books of the company will be closed from Wednesday, September 18, 2013 to Wednesday, September 25, 2013 (both days inclusive). Transfer received at the share registrar department, central depository company of Pakistan Limited, CDC House, 99-B, SM CHS, Main Shahrah-e-Faisal, Karachi-74400 at the close of business on September 17, 2013 will be treated in time for the purpose of above entitlement to the transferees.



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