Material Information of Byco Petroleum Pakistan Limited

Material Information

Karachi, Byco Petroleum Pakistan Limited informed Pakistan Stock Exchange that the company submit hereunder a statement regarding the payments, comprising profit and principal made to the investors during the period, January 01, 2021 to June 30, 2021.

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.