Pakistan Oilfields Limited (POL): 4QFY24 EPS clocked at Rs32.45, DPS Rs70.0 – By Foundation Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan Oilfields Limited (POL) profitability clocked in at
Rs9.2bn (EPS of Rs32.45) in 4QFY24, ↑/↓ 57/25% YoY/QoQ as against Rs5.8bn (EPS
of Rs20.66) in 4QFY23. This brings the full-year bottom line to Rs39.1bn (EPS
of Rs137.9) in FY24, grew by 7% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The result is also accompanied by a final dividend of
Rs70.0/sh, wherein the FY24 payout stands at Rs95/sh as against DPS of Rs80.0
last year. FY24, payout ratio improved to 69% vs 62% in FY23.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Despite surge in average Arab Light prices over 4QFY24 by
9/6% YoY/QoQ and PKR appreciation of 3% YoY, ...
