HASCOL’s losses uncontrollable While Hascol Petroleum Limited (PSX: HASCOL) witnessed some decline in losses in 2021, the following years have... Published 14 Nov, 2023 08:22am
Business & Finance Hascol’s losses mount to Rs13.1bn in 9MCY23 Despite higher net sales and gross profit, Hascol Petroleum Limited sustained a massive loss after tax (LAT) to the... Published 10 Nov, 2023 04:20pm
Markets POL sales plunge 24% YoY amid high prices, economic distress Sale of total petroleum products clocked in at 1.26 million tons in October Updated 02 Nov, 2023 05:11pm
Markets January-March 2023: Hascol sees loss of Rs7.1bn in three months Loss per share stands at Rs7.11 during quarter Updated 05 Sep, 2023 04:44pm
BR Research HASCOL’s losses keep mounting 2021 was a better year for Hascol Petroleum Limited (PSX: HASCOL) as the company had witnessed slowdown in losses.... Published 21 Aug, 2023 08:13am
Markets Hascol’s loss nearly doubles to Rs14.5bn in 2022 Despite higher net sales and gross profit, Hascol Petroleum Limited sustained a massive loss after tax (LAT) to the... Published 03 Aug, 2023 03:23pm
Markets Eyeing at least 41% stake: Hascol gives go-ahead to Taj Gasoline for due diligence The Board of Directors of Hascol Petroleum Limited has allowed Taj Gasoline (Private) Limited, an oil marketing... Updated 16 Jun, 2023 05:59pm
Markets Sale of petroleum products in Pakistan plunges 46% in April amid economic downturn Sale of total petroleum products in Pakistan clocked in at 1.17 million tons in April 2023, a decline of over 46%... Updated 03 May, 2023 03:45pm
Print PAC directs FIA to seize property, freeze bank accounts of Hascol ISLAMABAD: The Public Accounts Committee (PAC) Wednesday directed the Federal Investigation Agency (FIA) to initiate... Updated 20 Apr, 2023 08:34am
Business & Finance Sales of petroleum products plunge 39% year-on-year in March Decline led by lower demand of furnace oil and slowdown in activity in Ramadan Updated 03 Apr, 2023 06:07pm
Markets Hascol board approves modified scheme of arrangement as it looks to deal with debts The board of directors at Hascol Petroleum Limited on Monday approved a modified draft Scheme of Arrangement, the... Updated 13 Mar, 2023 09:52pm
Business & Finance FIA’s team says it has ‘made significant progress’ in Rs54bn scam investigation The team of Federal Investigation Agency (FIA) Commercial Banking Circle Karachi said that it has made significant... Updated 22 Feb, 2023 08:51pm
Business & Finance Hascol CFO authorised to take charge after CEO detained In notice to PSX, company says decision by trial judge to refuse confirmation of bail applications has led to the detention of numerous persons, including the CEO Aqeel Ahmed Khan Updated 21 Feb, 2023 05:50pm
Markets PSX continues winning streak KARACHI: Pakistan Stock Exchange continued its winning streak from the last four consecutive sessions witnessing yet... Published 10 Feb, 2023 03:56am
Markets Sales of petroleum products plummet 20% year-on-year Sales of total petroleum products clocked in at 1.44 million tons in January 2023, a massive decline of 20% on a... Published 02 Feb, 2023 05:19pm
Markets Petroleum products: sales down 11% year-on-year to 1.33mn tons in December Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a... Published 03 Jan, 2023 03:37pm
Business & Finance Hascol announces financial results KARACHI: Hascol has announced its results for the half year and nine-month period ending on 30 June 2022 and 30... Published 11 Nov, 2022 06:31am
Markets Fourth successive gain: KSE-100 up 0.35%, settles over 42,000 Optimistic sentiment prevailed at the Pakistan Stock Exchange (PSX) for the fourth successive session, as the... Updated 03 Nov, 2022 07:22pm
Business & Finance Hascol’s board approves 'rehabilitation plan' As per proposal prepared by its management, company will restructure and settle liabilities Published 24 Aug, 2022 07:27pm
Business & Finance Hascol announces results for year ending Dec 31 KARACHI: Despite the numerous challenges from regulatory and macroeconomic factors, the company has managed to earn ... Published 24 Aug, 2022 05:08am
Markets SECP appoints Parker Russel AJS to 'conduct fraud investigation/forensic audit' of Hascol The Securities and Exchange Commission of Pakistan (SECP) has appointed Parker Russel AJS- Chartered Accountants as... Published 24 Jan, 2022 03:11pm
Print Hascol and its senior management: FBR decides to initiate audit ISLAMABAD: The Federal Board of Revenue (FBR) has decided to start an audit of the income tax and sales tax affairs... Updated 02 Jan, 2022 10:40am
Pakistan Hascol to help raise funds for SKMCH Karachi KARACHI: In continuation of their longstanding partnership which recently included spreading awareness of the ... Published 21 Dec, 2021 04:14am
Markets Nov POL sales clock in at 1.75m tons KARACHI: Total petroleum and lubricant sales clocked in at 1.75 million tons in November 2021, depicting an increase... Published 03 Dec, 2021 04:31am
Print CCP initiates probe into 'shadowy' affairs of Hascol ISLAMABAD: Competition Commission of Pakistan (CCP) is said to have initiated a probe into the shadowy affairs of ... Updated 06 Sep, 2021 10:09am
Pakistan Hascol to launch vaccination centres on M2 Motorway KARACHI: In coordination with the National Command & Control Centre (NCOC) and the Oil & Gas Regulatory... Published 30 Aug, 2021 07:07am
Business & Finance ‘Hascol cooperating with SECP’ KARACHI: In response to the story by Mushtaq Ghumman that appeared in the Business Recorder on July 26th, 2021,... Published 03 Aug, 2021 04:35am
Print Hascol ‘corruption’ issue lands in parliamentary panel ISLAMABAD: The allegations of Rs15 billion corruption against Hascol oil marketing company landed in a parliamentary... Updated 27 Jul, 2021 09:36am
Opinion The Hascol fiasco The Hascol fiasco appears to be a basket case of corporate malpractices. All players must take blame for collective... Published 13 Jul, 2021 03:22am
Markets May POL sales up 14pc YoY KARACHI: Total petroleum and lubricant sales clocked-in at 1.69 million tons in May 2021, depicting an increase of ... Published 03 Jun, 2021 04:13am