AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, November 01, 2012 (PPI-OT): Pakistan Petroleum Ltd. (HUBC) has announced better 1QFY13 results posting profit after tax of PKR 11,298.01 million (EPS: PKR 6.88) which is higher by 14.28% YoY as against PAT of PKR 9,886.55 (EPS: PKR 6.02) in 1QFY12.
According to Alfalah Securities Limited, the improvement in profitability was mainly contributed to higher operating income of PKR 2,279.12 million which surged by 43.8%YoY. The company did not announce any interim dividend.