Express ☺ your view, expression on this post, via Facebook comment in the below box… (do not forget to tick Also post on facebook option)

May 9, 2018

Byco Petroleum shows strong performance with Profit of Rs 3.42 billion, doubling revenues in the 3rd Quarter of FY18

• Pakistan’s largest refinery delivers strong results for the 9 month period ending on March 31, 2018, generating a Rs. 3.42 billion in Profit, or Rs. 0.64 per share.

• Byco nearly tripled operating profit to Rs. 5.74 billion over the previous year for nine months, and also nearly tripled 3rd quarter operating profit to Rs. 1.88 billion over the same period in FY17.

Pakistan’s only vertically integrated oil company Byco Petroleum Pakistan Limited (BPPL) has shown robust performance in its core businessess, declaring an after tax profit of Rs. 3.42 billion for the nine months ending March 31, 2018, up from a loss of Rs. 128.25 million in the same period last year. On a per share basis, Byco earned Rs. 0.64 per share in the first nine months of FY18 as opposed to a loss of Rs. 0.02 per share in the corresponding period last year. Byco’s operating profit for the nine months ending March 31, 2018 nearly tripled to Rs. 5.74 billion from Rs. 2.0 billion a year earlier. The strong growth in profits was driven in large part by a 71% increase in gross turnover to Rs. 138.94 billion. The company’s net turnover registered 73% growth from FY17 to Rs. 107.57 billion. 

For the third quarter ending March 31, 2018 Byco declared an after tax profit of Rs. 1.13 billion, up from a loss of Rs. 147.58 million in the same period last year. This translated into a profit of Rs. 0.21 per share for the three months ended March 31, 2018 as opposed to a loss of Rs. 0.03 per share for the corresponding period last year. Byco’s operating profit for the third quarter of the FY18 also increased threefold to Rs. 1.88 billion from Rs. 530.8 million in the third quarter of FY17. The increase in profits came as gross turnover almost doubled to Rs. 57.9 billion from Rs. 29.4 billion last year. Byco registered a strong 94% growth on a year-over-year basis for net turnover to Rs. 44.94 billion.



Thanks for visiting our website. Like our FB pages and subscribe for daily updates; you can comment on the above post bellow ↓with your Google id or Facebook id – Thank you for your time..☺


Follow us on social media to get instent updates....

|Twitter| |Facebook| |Pinterst| ||

Send your news/prs to us at

Note: The views, comments and opinions expressed on this news story/article do not necessarily reflect the official policy or position of the management of the website. Companies, Political Parties, NGOs can send their PRs to us at

‎لطیفے اور شاعری‎
Facebook group · 8,142 members
Join Group
یہ گروپ آپ سب کے لئے ہے۔ پوسٹ کیجئے اور بحث کیجئے۔۔۔۔۔ اپنی آواز دوسروں تک پہنچائے۔۔۔اور ہاں گروپ کو بڑا کرنے کے لئے اپنے دوستوں کو بھی گروپ میں دعو...

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________