SNGPL net profit stands Rs 2.55 bil­lion

The Pak Banker - - 2national - Staff Re­porter

LA­HORE: The 47th An­nual Gen­eral Meet­ing (AGM) of Sui North­ern Gas Pipe­lines Limited was held on Novem­ber 30, 2010 at a lo­cal ho­tel La­hore.

It was chaired by the Chair­man, Mian Mis­bah-urRehman.

The Com­pany's An­nual Ac­counts for the year ended June 30, 2010 were placed be­fore the share­hold­ers.

As per dec­la­ra­tion the Com­pany earned gross profit of Rs. 5,613 mil­lion whereas the net profit af­ter tax was Rs. 2,555 mil­lion.

The pro­posed div­i­dend @ 20% and the An­nual Ac­counts of the Com­pany for FY 200910 were ap­proved by its share­hold­ers.

The share­hold­ers also ap­proved the ap­point­ment of M/s. A.F. Fer­gu­son & Co., Char­tered Ac­coun­tants, and M/s. M. Yousuf Adil Saleem & Co., Char­tered Ac­coun­tants, as Joint au­di­tors, for the Com­pany for the Fi­nan­cial Year 2010-11.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.