Karachi August 16 2022: National Refinery Limited (NRL) report profitability of PKR 9,079 million during the fiscal year 2022 when compared with profitability of PKR 1,770 million in the same period last year on higher refinery margins, as per company filling to the exchange.
Company also announced cash dividend of PKR 15 per share for the year ended June for its share holders.
Moreover, gross profit of the company increased to PKR 23,794 million when compared with PKR 3,984 million in the same period last year.
During the fiscal year of 2022 company reports finance cost of PKR 9,067 million in when compared with cost of PKR 940 million in the same period last year.
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.