KARACHI: Attock Petroleum Limited has posted profit of Rs1.47 billion, translating into earnings per share at Rs17.69 for the six months (July-Dec) of 2014-15.
The earnings were far below the profit of Rs2.67 billion and eps at Rs32.18 in the same period of previous year. Along with the results, the board disbursed interim cash dividend for the period under review at Rs12.50 per share or 125 per cent. Net sales recorded growth to Rs100.2 billion from Rs98.6 billion in the same period last year.
Yet the cost of sales increased substantially to Rs98.3 billion from Rs94.8 billion, reducing gross profit to Rs1.88 billion from Rs3.78 billion and cutting down the gross margin to 1.9pc from 3.8pc in the same period last year.
Meanwhile, Maple Leaf Cement Factory Limited declared profit-after-tax at Rs1.43 billion and eps at Rs2.72 for the six months ended Dec 31, 2014, which fell slightly short of the PAT at Rs1.48 billion and eps at Rs2.81 earned in the corresponding period of 2013.
Moreover, the board of directors of National Refinery Limited has announced that the company dipped into the red of Rs48.4m for the six months ended Dec 31, 2014 from profit at Rs29m earned in the same time last year. Loss per share for the latest half term was recorded at Rs0.61, against eps at Rs0.37 in the same period of 2013. Net sales declined to Rs91.7 billion in the latest six months, from Rs103.9 billion YoY.
