Friday 27 April 2012

OGDCL announces dividend of 1.5/share, earnings shoot up | HALALTAMWEEL.COM


KARACHI: The net earnings of Oil & Gas Development Company Limited (OGDCL) shoot up by stellar 41 percent to Rs 69 billion during the first nine months (Jul-Mar) of the financial year 9MFY12 against Rs 49 billion recorded in the same period last year, says the notice sent by the company to Karachi Stock Exchange (KSE).



The management of the Oil & Gas Exploration Company also maintained trend of announcement of interim dividend payout by announcing cash dividend of Rs 1.5/share for the shareholders taking 9MFY12 payout to Rs 4.5/share.

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