Hi-Tech Lubricants Ltd 2021 AR2
The report highlights Hi-Tech Lubricants Limited's financial and operational performance for the fiscal year 2020-21. Despite the challenges of the COVID-19 pandemic, the company achieved a 92% increase in consolidated gross turnover to Rs. 15,600 million and a net profit of Rs. 651 million. Key achievements include the completion of the Nowshera oil storage facility, expansion of the HTL Fuel Stations network to 23 operational sites, and entry into the plastic packaging industry through its subsidiary, Hi-Tech Blending (Private) Limited. Additionally, the company won the second prize for 'Living the Global Compact Best Practices Sustainability Award 2020' and third position in the Best Corporate & Sustainability Report Award 2020.
Company: Hi-Tech Lubricants Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2021
Type: AR2
Pages: 282
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Hi-Tech Lubricants Ltd
Annual Report
The report highlights Hi-Tech Lubricants Limited's financial and operational performance for the fiscal year 2020-21. Despite the challenges of the COVID-19 pandemic, the company achieved a 92% increase in consolidated gross turnover to Rs. 15,600 million and a net profit of Rs. 651 million. Key achievements include the completion of the Nowshera oil storage facility, expansion of the HTL Fuel Stations network to 23 operational sites, and entry into the plastic packaging industry through its subsidiary, Hi-Tech Blending (Private) Limited. Additionally, the company won the second prize for 'Living the Global Compact Best Practices Sustainability Award 2020' and third position in the Best Corporate & Sustainability Report Award 2020.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees