Pakistan State Oil Company (PSO) yesterday unveiled accounts for the year ended June 30, 2014, showing 73 per cent growth in profit-after-tax (PAT) to Rs21.8 billion, translating into earning per share (eps) at Rs80.31 from PAT at Rs12.6bn or eps at Rs46.52 the previous year.
The Board announced a final cash dividend at Rs4 per share, which was in addition to the earlier interim cash dividend of Rs4 per share, making aggregate payout at Rs8per share or 80pc, which was tied to bonus issue at 10pc.
A statement by the company said that PSO’s sales and PAT had hit all time high. Sales revenue grew 9pc to Rs1.4 trillion from Rs1.29tr YoY.
“PSO maintained its market leadership position during the year under review with 73pc share in Black Oil market and 53pc in White Oil market, while registering a growth of 5pc in sales over liquid fuels last year”, the company stated.
