Updated on
Summary
An addition of 19percent is recorded in profit of gas distribution sector during first three months of current financial year, reported Dunya News. According to the report of Invest Cap, the sector had a profit of Rs 580.30 million from July to September. Income from other sources includes 27percent, while expenditures decreased 27 percent which is a prominent decrease. Gas distribution companies have paid Ogra Rs 13.50 billion under UFG head from 2004 to the date. The collective income is getting affected due to high percentage loans.
