KARACHI (March 05, 2011): The profit after tax of Shell Pakistan Limited has declined to Rs 1.615 billion
in the year ended December 31, 2010 as compared to Rs 2.562 billion earned in the corresponding period in
2009. The company's earning per share declined to Rs 23.59 in the period under review against Rs 37.42 in
the same period a year back. The board of directors of the company in its meeting held on Thursday
recommended a final cash dividend at Rs 8.00 per share ie 80 percent.
This is in addition to the interim dividend of Rs 4.00 per share ie 40 percent declared in August 2010,
making a total of Rs 12.00 per share ie 120 percent for the year ended December 31, 2010. According to the
financial results sent to Karachi Stock Exchange (KSE), the company's sales increased to Rs 223.813 billion
in 2010 against Rs 177.110 billion in the same period in 2009. The company paid Rs 26.690 billion as sales
tax in 2010 against Rs 21.619 billion paid in the same account a year back. The company's cost of products
sold increased to Rs 185.403 billion against Rs 143.097 billion.
