Byco Petroleum changes name

KARACHI: Byco Petroleum Pakistan Limited has changed its official name to Cinergyco PK Limited, according to information shared with Pakistan Stock Exchange (PSX) on Wednesday. It said that the board of directors has considered and approved a change in company’s name from Byco Petroleum Pakistan Limited to Cinergyco PK Limited. Consequently, for such purpose, the […]

by Mrs. Anjum Shahnawaz

Byco Petroleum announces setting up diesel hydro de-sulphurising unit

Mar 9

Corporate, Energy

Byco Petroleum announces setting up diesel hydro de-sulphurising unit

KARACHI: Byco Petroleum Pakistan Limited has announced to set up a diesel hydro de-sulphurising unit and a fluid catalytic cracking unit with the facilitation from Byco Industries Incorporated. In an information shared with Pakistan Stock Exchange (PSX) on Monday, the company said that a meeting of the Board of Directors of Byco Petroleum Pakistan Limited […]

by Mrs. Anjum Shahnawaz

Byco Petroleum posts 80 percent decline in net profit

May 1

Corporate

Byco Petroleum posts 80 percent decline in net profit

KARACHI: Byco Petroleum Pakistan Ltd. has posted around 80 percent decline in net profit for nine-month period ended March 31, 2019, according to financial results presented to Pakistan Stock Exchange (PSX) on Tuesday. Earnings per share of the company also fell to Rs 0.14 compared to Rs 0.66 last year. The company attributed the decline […]

by Faisal Shahnawaz

Byco Petroleum declares 96pc decline in half-year profit

Feb 26

Corporate

Byco Petroleum declares 96pc decline in half-year profit

KARACHI: The net profit of Byco Petroleum Pakistan Ltd. fell sharply by 96 percent for the first half ending December 31, 2018 due to depreciation in Pak Rupee value and weak upliftment of furnace oil. Byco Petroleum Pakistan Ltd. (BPPL) on Tuesday announced financial results for the six months ending on 31 December 2018. The […]

by Faisal Shahnawaz