Hi-Tech Lubricants Ltd 2019 AR2
The report highlights Hi-Tech Lubricants Ltd's financial and operational performance for the fiscal year 2019, emphasizing its theme 'Positive Energy: A Pathway to Peak Performance.' Despite economic challenges in Pakistan, including rupee devaluation, the company achieved a 13% growth in gross revenue for its ZIC brands on a consolidated basis. Key milestones included obtaining the OGRA license for the Sahiwal Depot to enter the Oil Marketing Company (OMC) sector and expanding the HTL Express network to eight centers. Additionally, the company continued its strong commitment to corporate social responsibility, focusing on education through the Ilmgah School Systems, healthcare, and environmental protection initiatives.
Company: Hi-Tech Lubricants Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2019
Type: AR2
Pages: 260
Back to company
Hi-Tech Lubricants Ltd
Annual Report
The report highlights Hi-Tech Lubricants Ltd's financial and operational performance for the fiscal year 2019, emphasizing its theme 'Positive Energy: A Pathway to Peak Performance.' Despite economic challenges in Pakistan, including rupee devaluation, the company achieved a 13% growth in gross revenue for its ZIC brands on a consolidated basis. Key milestones included obtaining the OGRA license for the Sahiwal Depot to enter the Oil Marketing Company (OMC) sector and expanding the HTL Express network to eight centers. Additionally, the company continued its strong commitment to corporate social responsibility, focusing on education through the Ilmgah School Systems, healthcare, and environmental protection initiatives.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2019
Reporting Period
Jul 1, 2018 - Jun 30, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees