Karachi, Attock Refinery Limited informed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on October 21, 2021.
The agenda of the meeting was discussion of consolidated profit and loss account for quarter ended September 30, 2021 which portrayed a profit of Rs. 144,817 with earnings per share 1.36 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Attock Refinery Limited was incorporated in Pakistan as a Private Limited Company in November, 1978. It take over the business of the Attock Oil Company Limited relating to refining of crude oil and supplying of refined petroleum products. The Company was subsequently converted into a Public Limited Company in June, 1979 and its shares are quoted on the Pakistan Stock Exchange Limited in Pakistan.
Attock Refinery Limited is also registered with Central Depository Company of Pakistan Limited, and is subsidiary of The Attock Oil Company Limited, England and its ultimate parent is Coral Holding Limited (a private limited company incorporated in Malta). The principal activity of the Company is to refine the crude oil.
The Company has quoted its shares on Pakistan Stock Exchange Limited that are 106,616,250. The Earnings per shares of the Company is (26.50) in 2020 which is (50.51) in 2019. The Company had a loss of Rs. 2,824,926,000 in 2020 as compared to a loss of Rs. 5,385,239,000 in 2019.