Tax reversal: PSO earnings drop down
2/9/2012 3:40:01 PM
KARACHI: The net profits of Pakistan State Oil (PSO) went down by substantial 36 percent to Rs 4,583.36 million during the first half of the financial year 2011 against Rs 7,130.95 million recorded in the same period last year.
Surprisingly, the management of the company has not announced any interim cash dividend for shareholders.
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