Asia Pulse: SHELL PAKISTAN POSTS US$25.5 MLN PROFIT IN 2003-04
Posted Sept 25, 2004
KARACHI, Sept 24 Asia Pulse – Shell Pakistan Limited has posted Rs 1.5 billion (US$25.5 million) profit after tax with an increase in previous year’s earnings of 20 per cent during 2003-04, on the back of improved margins arising from a better product mix and by bringing cost efficiencies in its operations in the country’s oil products market.
“Operating in an intensely competitive market, Shell has delivered a robust performance this year. The company has announced a dividend payout of Rs 35 per share, a testament to shareholders commitment,”