Board Meeting in Progress of OLP Financial Services Pakistan Limited

Karachi, OLP Financial Services Pakistan Limited informed Pakistan Stock Exchange that a meeting of the Board of Directors of the Company held on February 23, 2023 at Karachi to consider First Quarter Accounts for the period ended December 31, 2022 is in progress.

Oil and Gas Development Company Limited (OGDCL), was incorporated on 23 October 1997. The Company was established to undertake exploration and development of oil and gas resources, including production and sale of oil and gas and related activities formerly carried on by Oil and Gas Development Corporation. The nature of business of the Company is exploration and production of Oil and Gas / Hydrocarbons.

The total number of shares are 4,300,928,400. The Earnings per shares is 23.27 in 2020 which was 27.53 in 2019. The Profit After Taxation is 100,081,671,000 in 2020 which was 118,385,788,000 in 2019.

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