Expert’s verdict: PPL to post robust growth
1/24/2012 3:57:07 PM
KARACHI: Pakistan Petroleum, the second largest Oil & Gas Exploration Company in Pakistan is scheduled to announce its half year financial result tomorrow on January 25, 2012.
The oil & gas exploration company is expected to post a healthy financial result owing to rise in average Arab Light Crude Oil prices along with the higher wellhead gas prices whereas healthy production flows from Tal and Naspha blocks are also expected to contribute to robust earnings of the company. The further support could come from the other income which is likely to amplify due to increase in bank deposits of the company and higher return on investments during the period.
No comments:
Post a Comment