OGDCL’s net sales increased by 25.0% to Rs 125,908 million from Rs. 100,733 million for the comparable period last year.
Net profit before tax increased by 28.9% to Rs 78,307 million from Rs. 60,755 million for the comparable period last year
Net profit after tax stood at Rs 44,338 million resulting in earnings per share of Rs 10.31 as against Rs.45,255 million and earning per share of Rs 10.52 respectively during the comparable period last year.
Operating profit margin and net profit margin for the period under review was 59% and 35% respectively.
Payable final dividend of Rs. 3.50 per share.
The Company spudded 31 wells and made five discoveries during the year, (Moolan-1, Moolan N-1, Pasahki E-1, Pakhro-1 & Dhodak Deep-1).
Net crude Oil production of 43,434 barrels per day, net gas production was 976 MMcf per day, net LPG production 339 tons per day and net Sulphur production was 72 tons per day
Average net realized price for the natural gas sold was Rs 140.88/Mcf, compared to Rs 142.73/Mcf during the last year.
Average net realized price for the crude oil sold was US$ 71.29/BBL, compared to US$ 51.86/BBL during the last year.
|