KARACHI: Pakistan Oilfields Limited (POL) has announced a net profit of Rs7.29 billion, translating into the earnings per share (EPS) of Rs25.70 for the quarter ended December 31, 2021, which is 140.5 per cent higher than the profit of Rs3.03 billion and the EPS of Rs10.66 in the same quarter last year, a bourse filing said.
Alongside financial results, POL has also declared an interim cash dividend of Rs20/share.
POL’s net sales during the quarter under review were Rs13.88 billion, up 39.2 percent from Rs9.97 billion in the same period the previous year.
Other income increased to Rs1.8 billion during the quarter, up from Rs221.8 million the previous year. During the quarter, the company spent Rs107.8 million on exploration, compared to Rs33.5 million the previous year.
Due to higher interest rates and short-term borrowings, finance costs increased to Rs934.74 million, up from Rs188.3 million last year.
POL reported a net profit of Rs12.03 billion (EPS: 42.34) for the half-year ended December 31, 2021, compared to a profit of Rs6.7 billion (EPS: 23.76) in the same period last year.
Net sales at Attock Refinery Limited have increased by 110.5 percent.
For the quarter ended December 31, 2021, Attock Refinery Limited (ARL) reported a net profit of Rs2.21 billion, translating into earnings per share (EPS) of Rs20.77, compared to a loss of Rs89.7 million and LPS of 83 paisas in the same quarter last year.
Along with the financial results, the company did not announce any payouts.
ARL’s net sales during the quarter under review totaled Rs54.11 billion, a 110.5 percent increase over the previous year’s figure of Rs25.7 billion.
Other income fell to Rs428.67 million in the third quarter, down from Rs507.7 million the previous year. Due to higher interest rates, finance costs increased to Rs388.28 million, up from Rs201 million last year.
ARL reported a net profit of Rs2.36 billion (EPS: 22.13) for the half-year ended December 31, 2021, compared to a loss of Rs224.7 million (LPS: 2.10) in the same period last year.
Attock Petroleum earns Rs4.22 billion in profit.
For the quarter ended December 31, 2021, Attock Petroleum announced a net profit of Rs4.22 billion, translating into earnings per share (EPS) of Rs42.41, which is multiple times higher than the profit of Rs660.83 million and EPS of Rs6.64 in the same quarter last year.
In addition, the company declared an interim cash dividend of Rs15 per share.
Attock’s net sales for the quarter under review totaled Rs88.23 billion, a 67.7 percent increase over the previous year’s figure of Rs52.62 billion.
Other income increased to Rs445.2 million during the quarter, up from Rs323.6 million the previous year. Due to higher interest rates and short-term borrowings, finance costs increased to Rs400.4 million, up from Rs374.73 million the previous year.
Attock Petroleum reported a net profit of Rs6.6 billion (EPS: 66.4) for the half-year ended December 31, 2021, compared to a profit of Rs2.14 billion (EPS: 21.56) in the same period last year.
National Refinery Limited earns Rs2.14 billion in profit.
The National Refinery Limited (NRL) reported a net profit of Rs2.14 billion.
National Refinery Limited (NRL) reported a net profit of Rs2.14 billion, translating into earnings per share (EPS) of Rs26.81 for the quarter ended December 31, 2021, compared to a profit of Rs488.5 million and EPS of Rs6.11 in the same quarter last year.
Along with the financial results, the company did not announce any payouts.
NRL’s net sales for the quarter under review totaled Rs66.7 billion, a 32.2 percent increase over the previous year’s figure of Rs50.42 billion.
Other income fell to Rs81.4 million in the third quarter, down from Rs96.5 million the previous year. Due to higher interest rates and short-term borrowings, finance costs increased to Rs1.6 billion, up from Rs95.04 million last year.
NRL reported a net profit of Rs2.55 billion (EPS: 31.89) for the half-year ended December 31, 2021, compared to a loss of Rs822.5 million (LPS: 10.29) in the same period last year.
