Attock Refinery Limited Reports Strong Year-End Financial Performance with Significant Dividend Declaration

Karachi: Attock Refinery Limited has announced its financial results for the year ending June 30, 2026, revealing a robust financial performance and a substantial dividend payout to its shareholders. The Board of Directors, in a meeting held on August 25, 2026, at POL House, Morgah, Rawalpindi, approved a final cash dividend of Rs. 15.00 per share, amounting to 150%. This declaration follows an interim dividend of Rs. 2.50 per share, or 25%, bringing the total dividend for the year to Rs. 17.50 per share, equating to 175%.

According to information available from the Pakistan Stock Exchange (PSX), the company's full-year net sales increased to Rs. 341.59 billion from the previous year's Rs. 301.33 billion. The cost of sales for the period was reported at Rs. 310.30 billion, resulting in a gross profit of Rs. 31.28 billion, a significant improvement from last year's Rs. 9.74 billion. The overall profit for the year surged to Rs. 22.10 billion, compared to Rs. 11.97 billion in 2025, marking a very large or significant move in profitability.

The financial statements indicate that the company's issued, subscribed, and paid-up capital stands at Rs. 1.07 billion, with reserves and surplus at Rs. 108.75 billion. The surplus on revaluation of freehold land was valued at Rs. 62.99 billion, contributing to a total equity and liabilities sum of Rs. 277.79 billion.

In terms of assets, the company's property, plant, and equipment were valued at Rs. 64.98 billion, with capital work-in-progress recorded at Rs. 6.28 billion. The total non-current assets amounted to Rs. 86.35 billion, while current assets, including cash and bank balances of Rs. 56.30 billion, were reported at Rs. 191.43 billion.

The Annual General Meeting of Attock Refinery Limited is scheduled for October 19, 2026, at 11:00 a.m., to be held at Attock House, Morgah, Rawalpindi, and available via video link. Shareholders recorded in the Register of Members by October 12, 2026, will be eligible for the declared dividend. The share transfer books will remain closed from October 13 to October 19, 2026.