Byco

Company chairman says civil works and delivery of equipment have been initiated

HBFC will provide Byco employees mortgage finance facilities across Pakistan on preferential terms and conditions

Spike in cost of sales, rupee depreciation drive losses

Imran Khan-led govt allows refineries to import commodity to meet growing demand due to harvesting season

Decision taken to reduce glut, create space for locally produced crude

PTI govt directs OMCs, refineries to cancel import orders for petrol and crude oil

Expect higher oil imports, low demand in wake of coronavirus pandemic

AAG Rehman has sought one month’s time from apex court to resolve the matter

Celebrating six years of safe continuous operations

Company produces only 20,000 bpd out of capacity of 155,000 bpd

Will enable the company to refine an additional 24,000 barrels of crude oil per day

Company’s share price dropped 1.32%, or Rs0.20, to close at Rs14.90

Increase attributed to massive tax rebate; company cites improved operational efficiency

Byco had remained closed for two years after a fire incident

Earnings per share dropped to Rs0.40 in the quarter from Rs0.42

Integration expected to help cut expenses, restructure debt

The gross sales improved to Rs22.56 billion from Rs21.34 billion in the quarter in 2015

Down 98% compared to corresponding period last year

Byco has decided to reduce internal costs in multiple operating units as well as at the head office

Result is better than loss of Rs1.99b last year.

Spokesman says technical team working day and night