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KARACHI:Pakistan air max 1 Oilfields Limited (POL) announced on Thursday that its profit rose 17% in the first nine months of the current financial year and stood at Rs10.10 billion compared to Rs8.62 billion in the same period of previous year. The growth in earnings came on the back of increase in the company s topline, said Topline Securities in a research report. During the July-March period, POL s revenues increased 23% to Rs26.2 billion against Rs21.4 billion last year on account of higher oil and gas production, up 25% and 5% respectively. While exploration costs stood at Rs1.4 billion, up 26%, amortisation of development and decommissioning costs rose 142% to Rs3.3 billion due to write-down of Manzalai reserves, the research house said. In the third qu yeezy 350 arter alone, the company posted 8% growth in earnings t yeezy 350 o Rs3.20 billion compared to Rs2.96 billion last year.Published in The Express Tribune, April 18th, 2014. Like聽Business on Facebook, follow @TribuneBiz聽on Twitter to stay informed and ISLAMABAD:The Islamabad High Court (IHC) disposed of a contempt of court petition on Wednesday filed over the arrest of senior journalist Imran Riaz, the other night, and directed the petitioner to approach the relevant forum.Lawyers Mian Ali Ashfaq and Qadeer Janjua appeared before the IHC Chief Justice Athar Minallah. The chief justice said that it had been reported to the IHC registrar last night that the Punjab police had made the arrests from within the Punjab province.The petitioner rsquo;s lawyer said that Imran Riaz had said that he had been arrested from Islamabad Toll Plaza. However, the federal police officials told the court that the journalist was arrested near the Islamabad Toll Plaza.The la stanley cup wyers for informed the court that 17 cases were registered against Riaz across Punjab, while four cases had been registered in the last four days. But there was the 18th first information report (FIR), which was not mentioned earlier newbalance 530 .The c nb hief justice said that only the Lahore High Cou
KARACHI:Pakistan air max 1 Oilfields Limited (POL) announced on Thursday that its profit rose 17% in the first nine months of the current financial year and stood at Rs10.10 billion compared to Rs8.62 billion in the same period of previous year. The growth in earnings came on the back of increase in the company s topline, said Topline Securities in a research report. During the July-March period, POL s revenues increased 23% to Rs26.2 billion against Rs21.4 billion last year on account of higher oil and gas production, up 25% and 5% respectively. While exploration costs stood at Rs1.4 billion, up 26%, amortisation of development and decommissioning costs rose 142% to Rs3.3 billion due to write-down of Manzalai reserves, the research house said. In the third qu yeezy 350 arter alone, the company posted 8% growth in earnings t yeezy 350 o Rs3.20 billion compared to Rs2.96 billion last year.Published in The Express Tribune, April 18th, 2014. Like聽Business on Facebook, follow @TribuneBiz聽on Twitter to stay informed and ISLAMABAD:The Islamabad High Court (IHC) disposed of a contempt of court petition on Wednesday filed over the arrest of senior journalist Imran Riaz, the other night, and directed the petitioner to approach the relevant forum.Lawyers Mian Ali Ashfaq and Qadeer Janjua appeared before the IHC Chief Justice Athar Minallah. The chief justice said that it had been reported to the IHC registrar last night that the Punjab police had made the arrests from within the Punjab province.The petitioner rsquo;s lawyer said that Imran Riaz had said that he had been arrested from Islamabad Toll Plaza. However, the federal police officials told the court that the journalist was arrested near the Islamabad Toll Plaza.The la stanley cup wyers for informed the court that 17 cases were registered against Riaz across Punjab, while four cases had been registered in the last four days. But there was the 18th first information report (FIR), which was not mentioned earlier newbalance 530 .The c nb hief justice said that only the Lahore High Cou