Karachi, OLP Financial Services Pakistan Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on February 24, 2023 at Karachi. The agenda of the meeting shall be consideration of half yearly accounts for the period ended December 31, 2022.
Further, the closed period of the company shall be from February 17, 2023 to February 24, 2023 (both days inclusive).
“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.”