May 22, 2018 4:55 AM ET

Oil, Gas and Consumable Fuels

Company Overview of Byco Petroleum Pakistan Limited, Prior to Reverse Merger with BTPL and BOPL

Company Overview

As of May 31, 2017, Byco Petroleum Pakistan Limited was acquired by Byco Terminals Pakistan Limited and Byco Oil Pakistan Limited in a reverse merger transaction. Byco Petroleum Pakistan Limited engages in the production, marketing, and sale of petroleum products in Pakistan. It operates in two segments, Oil Refinery Business and Petroleum Marketing Business. The Oil Refining Business segment refines crude oil into liquefied petroleum gas, light naphtha, heavy naphtha, high octane blending component, motor gasoline, kerosene, jet fuel, high speed diesel, and furnace oil for sale to oil marketing companies. The Petroleum Marketing Business segment is involved in the trade of petroleum product...

The Harbour Front

9th-10th 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, Prior to Reverse Merger with BTPL and BOPL

Byco Petroleum Pakistan Limited, Prior to Reverse Merger with BTPL and BOPL does not have any Key Executives recorded.

Byco Petroleum Pakistan Limited, Prior to Reverse Merger with BTPL and BOPL Key Developments

Byco Petroleum Pakistan Limited Announces Unaudited Consolidated and Company Earnings Results for the Second Quarter and Six Months Ended December 31, 2017

Byco Petroleum Pakistan Limited announced unaudited consolidated and company earnings results for the second quarter and six months ended December 31, 2017. For the quarter, the company reported net sales of PKR 31,192,748,000 against PKR 22,547,802,000 a year ago. Operating profit was PKR 2,023,069,000 against PKR 656,327,000 a year ago. Profit before taxation was PKR 1,182,485,000 against loss before taxation of PKR 12,026,000 a year ago. Profit after taxation was PKR 1,070,329,000 or PKR 0.20 per basic and diluted share against loss after taxation of PKR 196,583,000 or PKR 0.04 per basic and diluted share a year ago. For the six months, the company reported net sales of PKR 62,634,222,000 against PKR 39,149,335,000 a year ago. Operating profit was PKR 3,861,302,000 against PKR 1,474,013,000 a year ago. Profit before taxation was PKR 2,526,808,000 against PKR 235,330,000 a year ago. Profit after taxation was PKR 2,287,338,000 or PKR 0.43 per basic and diluted share against PKR 19,330,000 or PKR 0.004 per basic and diluted share a year ago. For the quarter, on consolidated basis, the company reported net sales of PKR 31,192,748,000 against PKR 22,547,802,000 a year ago. Operating profit was PKR 1,793,874,000 against PKR 425,690,000 a year ago. Profit before taxation was PKR 953,289,000 against loss before taxation of PKR 242,663,000 a year ago. Profit after taxation was PKR 841,133,000 or PKR 0.16 per basic and diluted share against loss after taxation of PKR 370,883,000 or PKR 0.07 per basic and diluted share a year ago. For the six months, on consolidated basis, the company reported net sales of PKR 62,634,222,000 against PKR 39,149,335,000 a year ago. Operating profit was PKR 3,402,683,000 against PKR 1,010,280,000 a year ago. Profit before taxation was PKR 2,068,189,000 against loss before taxation of PKR 228,403,000 a year ago. Profit after taxation was PKR 1,828,719,000 or PKR 0.34 per basic and diluted share against Loss after taxation of PKR 338,530,000 or PKR 0.06 per basic and diluted share a year ago.

Byco Petroleum Pakistan Limited to Report First Half, 2018 Results on Feb 27, 2018

Byco Petroleum Pakistan Limited announced that they will report first half, 2018 results on Feb 27, 2018

Byco Petroleum Pakistan Limited, Board Meeting, Feb 27, 2018

Byco Petroleum Pakistan Limited, Board Meeting, Feb 27, 2018, at 18:00 Pakistan Standard Time. Agenda: To approve financial results for the half year ended December 31, 2017.

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Recent Private Companies Transactions

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