Karachi, Attock Petroleum Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on January 24, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended December 31, 2017 which portrayed a profit of Rs. 1,480,462 with earnings per share 17.85 basic and diluted respectively.
Further, 150% payment of cash dividend, bonus shares and right shares was agreed.
Furthermore, the share transfer books of the company will remain closed from February 08, 2018 to February 14, 2018 (both days inclusive).
Attock Petroleum Limited was incorporated in Pakistan as a public limited company on December 3, 1995. The company commenced its operations in 1998. The foundations of the company are laid under the Companies Ordinance, 1984. The principal activity of the company is procurement, storage and marketing of petroleum and related products. Pharon Investment Group Limited is the holding company and it holds 34.38% of the company. The stocks of the company are quoted on the Karachi Stock Exchange of Pakistan. The registered office of the company is located in Rawalpindi.
The symbol “APL” is being used by the stock Exchange for the shares of Attock Petroleum Limited.