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Transaction of 468,549,000 shares of Byco Petroleum Pakistan Limited

Karachi, Byco Petroleum Pakistan Limited informed Pakistan Stock Exchange about transaction of shares of the company. 137,100,000 shares @ Rs. 9.46 per share were sold in the market on July 19, 2021, 301,724,000 shares @ Rs. 9.46 per share were sold in the market on July 19, 2021 and 29,725,000 shares @ Rs. 9.46 per share were sold in the market on July 19, 2021 through NDM.

Byco Petroleum Pakistan Limited was incorporated in Pakistan as a public limited company on January 09, 1995. The Company currently operates two business segments namely Oil Refinery Business and Petroleum Marketing Business and logistics. Petroleum Marketing Business was formally launched in 2007. Byco has refining capacity of 155,000 barrels a day, converting crude oil into various saleable components including Liquefied Petroleum Gas, Light Naphtha, Heavy Naphtha, High Octane Blending Component, Motor Gasoline, Kerosene, Jet Fuels, High Speed Diesel and Furnace Oil.

The total number of shares the company has introduced are 5,329,884,706. The Earnings per share is (0.46) in 2020 which was (0.32) in 2019. The Company has a loss of 2,430,499,000 in 2020 compare to 1,683,700,000 in 2019.