Pakistan Company News

Credit of Interim Cash Dividend of Pak Oilfields Limited

Karachi, Pak Oilfields Limited informed Pakistan Stock Exchange that the interim cash dividend @ Rs. 20 per share i.e. 200% for the year ending June 30, 2023 has been credited electronically into the designated bank accounts of the shareholders of the Company on March 27, 2023.

Pakistan Oilfields Limited is incorporated in Pakistan as a public limited company. The Company is principally engaged in exploration, drilling and production of crude oil and gas in Pakistan. Its activities also include marketing of liquefied petroleum gas under the brand name POLGAS and transmission of petroleum. The Company is a subsidiary of The Attock Oil Company Limited, UK and its ultimate parent is Coral Holding Limited.

The total numbers of shares are 283,855,104. The Earnings per share is 57.69 in 2020 which was 59.44 in 2019. The Profit after Taxation is 16,375,850,000 in 2020 which was 16,871,707,000 in 2019.