Hi-Tech Lubricants

Hi-Tech Lubricants profit stood at Rs2.52 million in the same quarter of last year

News well-received by investors as company’s share price surged by 5%

First pump to be operational by December 2016 in Lahore

Public offer will take place from Jan 25-27 at a price of Rs62.5 per share

Share offer over-subscribed by 2.24 times

Company recently issued 29m shares to raise capital for 300 car care centres