Karachi April 27 2023: National Refinery Limited loss decreased to PKR 540 million for the third quarter ended March 31, 2023 compared with loss of PKR 1.1 billion in the quarter ended December 30, 2023, according to company filing to the exchange.
Share price of the company moved up 20 paisa or 0.13 percent in today’s trading at Pakistan Stock Exchange.
Company earned gross profit of PKR 7.8 billion in the third quarter when compared with gross profit of PKR 75 million in the previous quarter.
National Refinery Limited was incorporated in Pakistan on August 19, 1963 as a public limited company. The Company is engaged in the manufacturing, production and sale of a large range of petroleum products. The refinery complex of the Company comprises of three refineries, consisting of two lube refineries, and a fuel refinery added to the complex. The company has also commissioned Diesel Hydro De-sulphurisation (DHDS) and Isomerisation (ISOM) units during the financial years 2017 and 2018 respectively.
