Karachi, National Refinery Limitedinformed Pakistan Stock Exchange about the recommendations made by the board of directors in the meeting held at Rawalpindi on April 16, 2018.
The agenda of the meeting was discussion of profit and loss account for quarter ended March 31, 2018 which portrayed a loss of Rs. 54,593with loss per share 0.68 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
National Refinery Limited is a company incorporated in Pakistan on August 19, 1963 as a public limited company. The foundations of the company are laid under the Companies Ordinance, 1984. The company is engaged in the manufacturing, production and sale of large range of petroleum products. The refinery complex of the company comprises of three refineries consisting of two lube refineries, commissioned in 1966 and 1985, and a fuel refinery added to the complex in 1977. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges in Pakistan. The registered office of the company is located at Karachi.
The symbol “NRL” is being used by the stock exchanges for the shares of National Refinery Limited.