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OGDCL profit down 20pc to Rs24 120bln in Q3

Business April 28, 2021 KARACHI: Oil and Gas Development Company Limited (OGDCL) profit declined 20 percent to Rs24.120 billion in the quarter ended March 31, 2021, translating into earnings per share (EPS) of Rs5.61, a bourse filing said on Tuesday. The company earned Rs30.010 billion with EPS of Rs6.98 during the same period last year. The company announced third interim cash dividend at Rs1.80/share in addition to earlier interim dividends of Rs3.60/share. OGDCL’s nine month profit in fiscal year 2020-2021 declined 20 percent to Rs66.346 billion compared to Rs83.122 billion in the same period last fiscal. The EPS in 9MFY21 was Rs15.43 compared to Rs19.33 in the same period of FY20.

Byco Refinery to convert FO into petrol, diesel by 2024

Byco Refinery to convert FO into petrol, diesel by 2024 National April 17, 2021 HUB, Balochistan: In a welcoming development, the Byco Refinery has taken the lead in initiating the process to install an upgraded plant in its vicinity aiming to convert furnace oil (FO) by 2024 into petrol and diesel at par with standards of Euro-5/6. And this is how the refinery, with the capacity to convert crude oil of 155,000 barrels per day into POL products, will be having the capacity to refine the crude oil of 200,000 BPD. Top notches of various departments of the refinery told this to a select group of journalists from Islamabad here at Hub. The journalists were not only shown various important facilities of the refinery and briefed about their working, they were also taken to the central control room from where the whole functions of various important plants are controlled while refining the crude oil into different petroleum, oil and lubricants.

Byco refinery to convert FO into petrol, diesel by 2024

Byco refinery to convert FO into petrol, diesel by 2024
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Byco refinery to convert FO into petrol, diesel by 2024

Byco refinery to convert FO into petrol, diesel by 2024
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

Interloop earns Rs2 7bn - Newspaper

KARACHI: Interloop Ltd (ILP) on Tuesday reported a consolidated profit-after-tax of Rs2.77 billion for the first half ended Dec 31 2020, which translated into earnings per share (EPS) at Rs3.18. The PAT was up from Rs1.23bn and EPS at Rs1.41 for the corresponding half year of previous year. The board declared an interim cash dividend of Rs1.50 per share. Byco partners with Sehat Kahani Byco Petroleum Pakistan Limited on Monday signed an MoU with Sehat Kahani to provide telemedicine facilities for its workforce of over 800 employees and their immediate families, a press release said. The MoU was signed by Byco’s Vice President Azfar Saeed Baig and co-Founder and COO Sehat Kahani Dr Iffat Zafar Aga, a press release said.

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