Karachi, Attock 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 consolidated profit and loss account for quarter ended March 31, 2018 which portrayed a profit of Rs. 19,617 with earnings per share 0.22 basic and diluted respectively.
Further, nil payment of cash dividend, bonus shares and right shares was agreed.
Attock Refinery Limited was incorporated in Pakistan on November 8, 1978 as a private limited company and was converted into a public company on June 26, 1979. It is subsidiary of the Attock Oil Company Limited, UK and its ultimate parent is Bay View International Group S.A. The company is principally engaged in business of refining the crude oil. The shares of the company are quoted on the Karachi, Lahore and Islamabad Stock Exchanges of Pakistan. The company is also registered with Central Depository Company of Pakistan Limited. Its registered office is situated at Rawalpindi.
The crude oil refining operations of the company date back to 1922 which amounts to more than 90 years of vast experience for the company. Several up gradation processes are in progress for the company which shall be completed by September 2015. The company is ISO 9001, ISO 14001, ISO/IEC 17025; OHSAS 18001 certified and is implementing ISO 50001 Energy Management System.
The symbol “ATRL” is being used by the stock exchanges for the shares of Attock Refinery Limited.