Hi-Tech Lubricants Ltd 2023 Annual Report with Sustainability Disclosures
Company: Hi-Tech Lubricants Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 316
The report describes a difficult 2023, with consolidated net revenue of PKR 15,610 million and a loss after tax of PKR 247 million. It highlights the launch of polymer-segment operations through the wholly owned subsidiary and the installation of a 997.38 KW solar power system at the blending plant. The company also reports CSR initiatives focused on education, healthcare, and environmental sustainability. It states that twelve Sustainable Development Goals were integrated into business operations.
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