Hi-Tech Lubricants Ltd 2024 IR
The report analyzes the financial and non-financial performance of Hi-Tech Lubricants Limited (HTL) for the fiscal year 2024. The company achieved a 55% increase in net revenue, driven by a 96% growth in its petroleum products segment, although gross profit margins decreased due to higher cost of sales. HTL reported a net profit of Rupees 111.40 million, recovering from a net loss in the previous year. On non-financial aspects, the company expanded its fuel station network to 55 stations and focused on human resource development, health and safety, and IT systems stability.
Company: Hi-Tech Lubricants Ltd
Sector: Industrials
Country: Pakistan
Year: 2024
Type: IR
Pages: 18
Hi-Tech Lubricants Ltd
Integrated Annual Report
The report analyzes the financial and non-financial performance of Hi-Tech Lubricants Limited (HTL) for the fiscal year 2024. The company achieved a 55% increase in net revenue, driven by a 96% growth in its petroleum products segment, although gross profit margins decreased due to higher cost of sales. HTL reported a net profit of Rupees 111.40 million, recovering from a net loss in the previous year. On non-financial aspects, the company expanded its fuel station network to 55 stations and focused on human resource development, health and safety, and IT systems stability.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available