{"id":390074,"date":"2024-02-28T09:08:55","date_gmt":"2024-02-28T04:08:55","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=390074"},"modified":"2024-02-28T09:08:55","modified_gmt":"2024-02-28T04:08:55","slug":"ogdcl-announces-financial-results-for-the-half-year","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/ogdcl-announces-financial-results-for-the-half-year\/","title":{"rendered":"OGDCL announces financial results for the half year"},"content":{"rendered":"<p> Islamabad<br \/>\nThe Board of Directors of Oil &#038; Gas Development Company Limited (OGDCL) in its meeting held on February 27, 2024, at OGDCL Head Office, Islamabad announced the financial results for the half year ended on December 31, 2023, of the fiscal year 2023-24. Net sales revenue clocked at Rs.235.375 billion translating to Profit after tax of Rs. 123.296 billion and earnings per share of Rs. 28.67.<br \/>\nThe Board of Directors announced an interim cash dividend for the quarter ended December 31, 2023, @ Rs. 2.50 per share i.e. 25 percent. This is in addition to the interim dividend already paid @ Rs.1.60 per share i.e. 16 percent to its shareholders. The dividend will be paid to the shareholders whose names will appear in the Register of Members on March 11, 2024.<br \/>\nDuring the period under review, the Company paid Rs. 35.019 billion on account of Taxation. On the exploration and development side company recorded significant enhancement in seismic efforts and drilling activities.<br \/>\nThe Share Transfer Books of the Company will be closed from March 12, 2024, to March 14, 2024 (both days inclusive). Transfers received at the CDC Share Registrar Services Limited, CDC House, 99-B, Block \u201cB\u201d, S.M.C.H.S., Main Shahrah-e-Faisal, Karachi 74400 at the close of business on March 11, 2024, will be treated in time for the purpose of above entitlement to the transferees.<br \/>\nThe Board of Directors appreciated the efforts of the management for taking effective steps for the implementation of the company\u2019s aggressive exploration program.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad The Board of Directors of Oil &#038; Gas Development Company Limited (OGDCL) in its meeting held on February 27, 2024, at OGDCL Head Office, Islamabad announced the financial results for the half year ended on December 31, 2023, of the fiscal year 2023-24. Net sales revenue clocked at Rs.235.375 billion translating to Profit after [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-390074","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>OGDCL announces financial results for the half year<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/ogdcl-announces-financial-results-for-the-half-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"OGDCL announces financial results for the half year\" \/>\n<meta property=\"og:description\" content=\"Islamabad The Board of Directors of Oil &#038; Gas Development Company Limited (OGDCL) in its meeting held on February 27, 2024, at OGDCL Head Office, Islamabad announced the financial results for the half year ended on December 31, 2023, of the fiscal year 2023-24. Net sales revenue clocked at Rs.235.375 billion translating to Profit after [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/ogdcl-announces-financial-results-for-the-half-year\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-28T04:08:55+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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