KARACHI: Hascol Petroleum Ltd posted loss after tax at Rs25.9 billion for the year ended June 30, working out to loss per share at Rs129.94.
The losses grew hugely from Rs0.21bn and LPS of Rs1.08 in the previous year. The company’s revenue declined to Rs154bn, from Rs232bn while other expenses grew to Rs8.8bn, from Rs1.1bn and finance costs rose to Rs7.5bn, as against Rs1.3bn.
It would hold the Annual General Meeting on Aug 11.
Published in Dawn, July 18th, 2020