July 22, 2017 11:46 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Byco Petroleum Pakistan Limited

Company Overview

Byco Petroleum Pakistan Limited engages in the production, marketing, and sale of petroleum products in Pakistan. It operates through two segments, Oil Refinery Business and Petroleum Marketing Business. The Oil Refining Business segment engages in refining crude oil; and selling refined petroleum products to oil marketing companies. The Petroleum Marketing Business segment is involved in the trading of petroleum products. The company also provides petroleum products bulk storage services; and engages in the blending, refining, and processing of petroleum naphtha to produce petroleum products, such as premium motor gasoline. It operates 261 retail outlets. The company was incorporated in 199...

The Harbour Front

9th Floor

Dolmen City, HC-3, Block-4

Marine Drive, Clifton

Karachi,  75600

Pakistan

Founded in 1995

291 Employees

Phone:

92 21 111 222 081

Fax:

92 21 111 888 081

Key Executives for Byco Petroleum Pakistan Limited

Byco Petroleum Pakistan Limited does not have any Key Executives recorded.

Byco Petroleum Pakistan Limited Key Developments

Byco Petroleum Pakistan Limited, Board Meeting, May 12, 2017

Byco Petroleum Pakistan Limited, Board Meeting, May 12, 2017, at 11:00 Pakistan Standard Time. Agenda: To consider the steps and actions to implement the scheme of arrangement pertaining to the merger of Byco Oil Pakistan Limited and Byco Terminals Pakistan Limited with and into the company; and to consider the allotment of shares to the shareholders of the company.

Byco Petroleum Pakistan Limited Announces Unaudited Company and Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017

Byco Petroleum Pakistan Limited announced unaudited company and consolidated earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company reported net sales of PKR 23,989,450,000 compared with PKR 17,829,130,000 for the same period a year ago. Operating profit was PKR 1,113,380,000 compared with PKR 970,076,000 for the same period a year ago. Profit before tax was PKR 691,295,000 compared with PKR 287,041,000 for the same period a year ago. Profit after tax was PKR 565,782,000 or PKR 0.58 per basic and dilated share compared with PKR 440,223,000 or PKR 0.45 per basic and dilated share for the same period a year ago. For the nine months, the company reported net sales of PKR 64,100,206,000 compared with PKR 54,226,286,000 for the same period a year ago. Operating profit was PKR 3,145,288,000 compared with PKR 2,134,717,000 for the same period a year ago. Profit before tax was PKR 1,444,664,000 compared with PKR 105,647,000 for the same period a year ago. Profit after tax was PKR 1,103,151,000 or PKR 1.13 per basic and dilated share compared with PKR 549,935,000 or PKR 0.56 per basic and dilated share for the same period a year ago. For the quarter, the consolidated company reported net sales of PKR 23,989,450,000 compared with PKR 17,983,515,000 for the same period a year ago. Operating profit was PKR 883,294,000 compared with PKR 939,879,000 for the same period a year ago. Profit before tax was PKR 461,209,000 compared with PKR 201,488,000 for the same period a year ago. Profit after tax was PKR 388,633,000 or PKR 0.40 per basic and dilated share compared with PKR 407,291,000 or PKR 0.42 per basic and dilated share for the same period a year ago. For the nine months, the consolidated company reported net sales of PKR 64,100,206,000 compared with PKR 54,720,467,000 for the same period a year ago. Operating profit was PKR 2,452,007,000 compared with PKR 1,571,393,000 for the same period a year ago. Profit before tax was PKR 751,383,000 compared with loss before tax of PKR 643,931,000 for the same period a year ago. Profit after tax was PKR 568,680,000 or PKR 0.04 per basic and dilated share compared with loss of PKR 41,488,000 or PKR 0.04 per basic and dilated share for the same period a year ago.

Byco Petroleum Pakistan Limited to Report Q3, 2017 Results on Apr 27, 2017

Byco Petroleum Pakistan Limited announced that they will report Q3, 2017 results on Apr 27, 2017

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 5, 2016
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