Attock Petroleum Limited Reports Earnings Results for the Third Quarter Ended March 31, 2021
April 26, 2021 at 07:03 am EDT
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Attock Petroleum Limited announced earnings results for the third quarter ended March 31, 2021. For the third quarter, the company announced total revenue was PKR 2,907.058 million compared to negative total revenue of PKR 344.550 million a year ago. Total revenue was PKR 45,728.424 million compared to negative total revenue of PKR 344.550 million a year ago. Total revenue was PKR 2,907.058 million compared to PKR 50,061.883 million a year ago. Total revenue was PKR 45,728.424 million compared to PKR 50,061.883 million a year ago. Operating income was PKR 2,338.056 million compared to operating loss of PKR 1,209.270 million a year ago. Net income was PKR 1,517.745 million compared to net loss of PKR 710.245 million a year ago. Basic earnings per share from continuing operations was PKR 15.25 compared to basic loss per share from continuing operations of PKR 7.14 a year ago. For the nine months, total revenue was PKR 135,698.719 million compared to PKR 2,682.754 million a year ago. Total revenue was PKR 7,667.186 million compared to PKR 2,682.754 million a year ago. Total revenue was PKR 7,667.186 million compared to PKR 166,317.615 million a year ago. Total revenue was PKR 135,698.719 million compared to PKR 166,317.615 million a year ago. Operating income was PKR 5,679.598 million compared to PKR 980.811 million a year ago. Net income was PKR 3,664.040 million compared to PKR 870.449 million a year ago. Basic earnings per share from continuing operations was PKR 36.81 compared to PKR 8.75 a year ago.
Attock Petroleum Limited is engaged in the procurement, storage and marketing of petroleum and related products. It deals in the marketing and distribution of a range of petroleum products and serves local and international clients. It is engaged in the marketing and distribution of various petroleum products, including high speed diesel, premier motor gasoline, furnace oil, bitumen, kerosene, and lubricants, among others. It offers a range of automotive and industrial grade lubricants. It is also involved in marketing of naphtha and lube base oil (LBO). Its other products include kerosene oil, residual fuel oil, light diesel oil, jet fuel, solvent oil, mineral turpentine oil, cutback asphalt, jute batching oil, waxes, and rubber processing oil. It is also involved in other diversified businesses, such as cement, energy, and information technology. It markets and supplies fuel to retail outlets, industries, armed forces, power producers, and government entities, among others.