OGDCL’s net sales increased by 1.0% to Rs 72,633 million from Rs 71,940 million for the same period last year.
Net profit before tax decreased by 6.2% to Rs 45,421 million from Rs 48,428 million compared to the same period last year.
Net profit after tax stood at Rs 28,493 million resulting in earnings per share of Rs 6.62 as against Rs 31,781 million and earnings per share of Rs 7.39 respectively during the same period last.
Operating profit margin and net profit margin for the year was 61% and 39% respectively.
Payable interim cash dividend of Rs 1.50 per share.
Average net realized price for the natural gas sold was Rs 177.09/Mcf, compared to Rs 169.57/Mcf during the last year
Average net realized price for the crude oil sold was US$ 59.72/BBL, compared to US$ 69.00/BBL during the last year.
Net crude oil production of 38,787 barrels per day, net gas production was 960 MMcf per day, net LPG production was 199 tons per day and net Sulphur production was 64 tons per day.
The Company spudded eight (08) wells and made four discoveries during the year, (Reti-1A, Baloch-1, Nashpa-1 and Dakhni N-1). |