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Kohinoor Energy sales down, profit up.

Asia Africa Intelligence Wire

| April 21, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Nation (Pakistan))

Byline: MUZAFFAR RIZVI

Kohinoor Energy Limited total turnover for the six-month period ended on Dec 31,2003 was Rs869.085 million and operating costs were Rs356.513 million resulting in a net profit of Rs379.209 million, which is slightly up as compared to previous years' Rs367.89 million.

The company had recorded Rs1.20 bilion sales with Rs673.82 million operating cost in the corresponding period of previous year.

The administrative and general expenses enhanced to Rs41.39 million during the period under review in contrast to Rs38.22 million in the similar period of prior year.

The financial charges …

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