Analyst Research Report Snapshot

Title:

Depicting growth but defying high expectations: OGDC result review 1HFY’13

Price:

$12.00

Provider:

AL Habib Capital Markets (Private) Limited

Date:

15 Mar 2013

Pages:

2

Type:

AcrobatPDF

Companies referenced:

OGDC.KA

Available for Immediate Download
Summary:

Oil and Gas Development Company Limited (OGDC) announced results for the 1HFY13 showing earnings growth of 18% YoY to PKR49.2bn (EPS: PKR11.45) compared to PKR41.6bn (EPS: PKR9.67) in the same period last year. In the 2QFY13 the result shows an increase of 20% YoY in PAT to PKR23.6bn (EPS: PKR5.48). The company also declared an interim dividend of PKR2.0 per share making half year payout to reach PKR3.75 per share.

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