Attock Petroleum’s net profit goes up by 21 percent

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Oil selling company Attock Petroleum has posted its net profit for Q3 of the fiscal year 2018, and it looks promising. As per the data revealed, the company had earned PKR 1.45 billion, which shows the net profit has gone up by 21 percent as compared to Q3 of the fiscal year 2017. The company earned PKR 1.20 billion in Q3 of 2017. Additionally, Attock’s gross profit during Q3 of FY 2018 also increased by 37.22 percent. It earned PKR 2.47 billion in the said time.

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It is important to mention here that Attock Petroleum Limited’s earnings per share increased to PKR 17.52. Moreover, the overall net sale of the company for Q3 of FY 2018 also soared to 30%YoY to Rs 45.01 billion. In the same quarter in the corresponding year, the overall net sale of the company was PKR 34.67 billion.

Aside from Attock Petroleum, Hascol has posted their profits for the year 2017. According to the notice, which the company sent to Pakistan Stock Exchange, it earned PKR 1.32 billion in profit, which has gone up by 10 percent compared to its preceding year.

Moving onward, Ghandhara Nissan’s net profit has gone up by 82.19 percent in the last quarter, while IMC has managed to increase its net gain up to 23 percent.

Stay tuned to PakWheels.com for more exciting automobile related news.

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