Byco Petroleum Pakistan Ltd. (BPPL), Pakistan’s largest oil refining company, Saturday reported financial results for the three months ended 30 September 2020. The company recorded a 23% decrease in gross sales to Rs 48.4 billion from Rs 62.9 billion in the same period last year, mainly due to a more than 30% decrease in oil prices in the international markets, says a Press release. Byco Petroleum reported a gross profit of Rs 1.7 billion, down 18% from Rs 2.08 billion last year. Net profit fell to Rs 453 million, or…
Read MoreByco announces gross profit of Rs1.7bn 1Q
