Net sales increased to Rs 190.362 billion compared to Rs 169.091 billion in the corresponding period last year.
Net Profit before Taxation increased to Rs 130.188 billion compared with Rs 112.771 billion in the corresponding period last year.
Net Profit after Taxation increased to Rs 90.938 billion as against Rs 75.752 billion in the corresponding period of preceding year translating into Earnings per Share of Rs 21.14
Operating profit margin and net profit margin were 61% and 48% respectively.
The Board of Directors declared third interim dividend of Rs 2.25 per share (22.50 %)
Average net realized price of crude oil sold was US$ 87.45/bbl as against US$ 83.87/bbl during corresponding period last year.
Average net realized price for natural gas sold was Rs 283.34/Mcf as against Rs 264.40/Mcf during corresponding period last year.
1,242 L. Kms of 2D and 673 Sq. Kms of 3D seismic data acquisition completed.
Fourteen (14) new wells including six (6) exploratory/appraisal wells and eight (8) development wells were spud in the first nine months of FY2014.
Company’s exploratory efforts to locate new hydrocarbon reserves yielded two (2) new oil and gas discoveries namely Saand-1 and Maru East-1, both located in the Sindh province.
Average net crude oil production of 40,838 barrels per day, net gas production of 1,153 MMcf per day, net LPG production of 159 M. Tons per day and net Sulphur production of 92 M. Tons per day was achieved during the period under review.