PPL, LUCKY CEMENT ANNOUNCE THEIR FINANCIAL RESULTS

Posted on April 27, 2009

Pakistan Petroleum Limited (PPL) and Lucky Cement have announced their financial results for July-March, 2009 Karachi Stock Exchange (KSE) handout said that PPL during July-March, 2009 earned 40 percent higher profit as compared same period previous year amounting to Rs20.97 billion, while the per share income worked out to Rs25.27. KSE handout further said that Lucky Cement in the first nine months of the current fiscal year posted a profit of Rs3.10 billion, which works out to 54 percent higher than the same period previous year, while the per share income at Rs9.50. Invest capital analyst, Khurram Shahzad said that the financial results of both the companies remained up to expectations.