Karachi, Pakistan Petroleum Limited informed Pakistan Stock Exchange that the interim cash dividend @ Rs. 1 per share i.e. 10% for the year ending June 30, 2023 has been credited electronically into the designated bank accounts of the shareholders of the Company on March 07, 2023.
Pakistan Petroleum Limited was incorporated in Pakistan in 1950 with the main objectives of conducting exploration, prospecting, development and production of oil and gas resources. The company has also established a wholly-owned subsidiary, PPL Asia E&P B.V. with corporate seat in Amsterdam, Kingdom of Netherlands. The subsidiary will focus on exploration and production of oil and gas in the region. PPL has assigned its interest in Block 8, Iraq, under the Exploration, Development and Production Service Contract with Midland Oil Company, Iraq to PPL Asia E&P B.V.
The total number of shares are 2,720,967,548. The Earnings per share is 18.47 in 2020 which was 22.65 in 2019. The Profit After Taxation is 50,256,270,000 in 2020 which was 61,632,364,000 in 2019.
