The profit after tax of Attock Refinery Limited (ATRL) increased to Rs 5,413.664 million in the year ended June 30, 2017 (FY17) as compared to Rs 816.350 million earned in the corresponding period in FY16. The company's earning per share surged to Rs 63.47 in FY17 as compared to Rs 9.57 in FY16.

The board of directors of the company in its meeting held on Monday at Dubai, UAE recommended a final cash dividend for the year at Rs 6.00 per share ie 60 percent. According to financial results sent to Pakistan Stock Exchange, the company's gross sales increased to Rs 139.515 billion in FY17 against Rs 95.960 billion in FY16. The company's paid Rs 38.104 billion in accounts of taxes, duties, levies and price differential in FY17 against Rs 29.395 billion paid in the same accounts in FY16. The company's cost of sales increased to Rs 97.078 billion in FY17 against Rs 67.466 billion in FY16.

Copyright Business Recorder, 2017