Pak Refinery, Lucky and ICI announces financial results

KARACHI - A numbers of financial companies have announced their financial results on Thursday for the year and half year ended on June 30, 2007.

Among the companies Pakistan Refinery Limited has shown robust growth of 699 percent, Lucky Cement’ profits slightly up by 5 per cent during the year ended on June 30, while ICI profits moved up by 33 per cent in half year ended June, 30.

Pakistan Refinery Limited has posted PAT of Rs2.11bn in the year ended on June 30, 2008 as against Rs250mn in the corresponding period of last year, depicting a healthy growth of 744 per cent.

Earnings per share of the company came to Rs60.31 in the period under review as compared to Rs7.17 in the same period of previous year.