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Byco Petroleum posts profit of Rs414.54mln

KARACHI: Byco Petroleum Pakistan Limited has announced a net profit of Rs414.546 million, translating into the earnings per share (EPS) of Rs1.53 for the quarter ended March 31, 2015, a company statement said on Monday.The company performed well, as it posted a net loss of Rs536.815 million and the loss

By our correspondents
May 05, 2015
KARACHI: Byco Petroleum Pakistan Limited has announced a net profit of Rs414.546 million, translating into the earnings per share (EPS) of Rs1.53 for the quarter ended March 31, 2015, a company statement said on Monday.
The company performed well, as it posted a net loss of Rs536.815 million and the loss per share (LPS) of 55 paisas for the quarter ended March 31, 2014.
The net sales of the company for the quarter under review stood at Rs19.508 million as against Rs22.194 million in the corresponding quarter last year.
For the nine-month period ended March 31, 2015, Byco posted a net loss of Rs1.248 billion and LPS of Rs1.28 as against the loss of Rs2.752 billion and LPS of Rs2.81 in the same period last year, it added.