Annual Report 2008 of Pak Oman Investment Company Limited

It is a broadly described annual report of Pak Oman Investment Company Limited in the year of 2008. During the financial year, Total Assets of the Company stood at Rs. 17,392,614 billion as of 31^st December 2008 compared to Rs. 21,851,945 billion at the end of last year. The Company’s Deposits and other accounts Rs. 3,023,121 billion. The Shareholders capital of the Company stood at Rs. 6,150,000 billion. Profit before tax of the Company for the year Rs. 126,560 million. Profit before tax ratio 19.61%. Profit after taxation for the year Rs. 6,453 million. The Company’s Earnings per share (EPS) Rs. 0.01.

The Board of Directors of the Company has approved a transfer to contingency reserve of Rs. 27.419 million for the year ended 31^st December 2008; approved the transfer of Rs. 27.419 million from the general reserve for the appropriation of contingency reserve; approved transfer of Rs. 5.162 million to general reserve for the year ended 31^st December 2008.

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