Categorie: IPO / Secondary Offering
Submitted 3 months ago by
Xpertwriter
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
The profit after tax of Shell Pakistan Limited has significantly increased to Rs 5,137.094 million in the FY08 as compared to Rs 706.659 million earned in the same period in FY07. The company's earning per share increased to Rs 93.76 in the period under review against Rs 12.90 in the same period a year back.The board of directors of the company, in its meeting held here recommended a final cash dividend for the year at the rate of Rs 40 per share, ie. 400 percent. This is in addition to the interim dividend already paid at the rate of Rs 10 per share ie. 100 percentThe board also recommended to issue bonus shares in the proportion of one share for every four shares held ie. 25 percent. The said bonus share shall not be eligible for the dividend declared for the year ended June 30, 2008. According to the financial results, the company's sales increased to Rs 157.626 billion in the fiscal year FY08 as compared to Rs 130.129 billion in the same period in FY07.On the other hand, the cost of products sold increased to Rs 124.694 billion in the period under review against Rs 108.664 billion in the same period a year back. The company's profit before tax was recorded at Rs 7,723.340 million in FY08 against Rs 378.736 million in FY07.
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Submitted 3 months ago by
Xpertwriter
, CEO At E-HostingJunction.com
at Spectrum Resumes , Inc
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