Friday 9 September 2011

Market watch: POL likely to report better earnings

KARACHI: Pak Oilfields Limited (POL) is scheduled to announce its financial result for the year 2011 on Sunday September 11.


The sales turnover and profit margin of the company is expected to remain on higher side on account of higher crude oil prices and improved oil & gas production mainly from Manzalai. Along with that, other income of the company is also projected to increase mainly at the back of higher dividend income from associated companies i.e. National Refinery Limited (NRL) and Attock Petroleum Limited (APL).


Followings are the market opinions for upcoming PPO`s results.



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