Islamabad April 29 2025: Pakistan Petroleum Limited, approved an interim cash dividend for the quarter ended 31st March 2025 of Rs. 1.00 per share (10%) on Ordinary Shares which is below market expectations.
AHL research expected the company to announce a cash dividend of PKR 2.50/share in its result prediction.
This is in addition to interim cash dividends of PKR 4.00 per share (40%) on Ordinary and PKR 3.00 per share (30%) Convertible Preference Shares already paid during the year. The dividend will be distributed to those members whose names appear in the register of members of the Company as at the close of business on 12th May 2025.
PPL announce profit of PKR 21.7 billion for the quarter compared to profit of PKR 27.6 billion reported for the same quarter last year. Revenue of PPL dropped to PKR 63.8 billion compared to PKR 74.9 billion in the same quarter last year.
