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xpertwriter's review
Investment Sector: IPO / Secondary Offering Submitted by Xpertwriter 
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
9 months ago Tags: PRL profits Decline Add Tag |
PRL profits Decline
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The profit after tax of Pakistan Refinery Limited (PRL) has declined to Rs 257.130 million in the quarter ended March 31, 2008 as compared to Rs 406.570 million earned in the corresponding period in 2007. The board of directors of NRL, in its meeting held here on Friday declared that earning per share (EPS) of the company stood at Rs 7.35 in the period under review against Rs 11.62 in the same period last year.
According to financial results, the company's sales increased to Rs 25.774 billion in the said quarter as compared to Rs 18.244 billion in the same quarter a year ago.
On the other hand, the company's cost of sales also increased and reached Rs 22.619 billion in this period against Rs 14.834 billion previously. The company paid Rs 2.715 billion on account of sales tax, excise duty and development levy in this period against Rs 2.691 paid on the same account last year. The company's profit before tax stood at Rs 402.711 million in the third quarter of FY08 against Rs 845.707 million in the same period in FY07
According to financial results, the company's sales increased to Rs 25.774 billion in the said quarter as compared to Rs 18.244 billion in the same quarter a year ago.
On the other hand, the company's cost of sales also increased and reached Rs 22.619 billion in this period against Rs 14.834 billion previously. The company paid Rs 2.715 billion on account of sales tax, excise duty and development levy in this period against Rs 2.691 paid on the same account last year. The company's profit before tax stood at Rs 402.711 million in the third quarter of FY08 against Rs 845.707 million in the same period in FY07
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