Business & Finance Hascol Petroleum appoints Javed Ahmedjee as CEO Hascol Petroleum Limited has appointed Javed Ahmedjee as its Chief Executive Officer (CEO), effective 05 May 2025.... Published 05 May, 2025 10:33am
Business & Finance MSCI adds 6 Pakistani companies to Small Cap, 1 to Frontier Markets Indexes In a positive development, Morgan Stanley Capital International (MSCI) Inc., in its results of the August 2024 index... Updated 13 Aug, 2024 10:25pm
Markets Hascol posts loss of Rs1.74bn in first quarter of 2024 Hascol Petroleum Limited sustained a loss of Rs1.74 billion in the first three months of 2024 (January-March),... Published 01 Aug, 2024 04:56pm
Markets Millat Energy Group eyes 76% stake in Hascol Petroleum OMC authorises potential investor to undertake due diligence Updated 18 Dec, 2023 08:32pm
BR Research 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 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’s worst problems are behind it, says chief as company announces steps to restructure Rs54bn debt We are making excellent progress with our banks and are grateful to them for their cooperation: Sir Alan Duncan Updated 14 Mar, 2023 06:08pm
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 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 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’s board approves 'rehabilitation plan' As per proposal prepared by its management, company will restructure and settle liabilities Published 24 Aug, 2022 07:27pm
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
BR Research HASCOL – will it recuperate? Hascol Petroleum Limited’s (PSX: HASCOL) profits have been nose diving since 2018. Though the company has only... Published 30 Mar, 2021 07:35am
Markets HASCOL – is there a way out? Hascol Petroleum Limited (PSX: HASCOL) has only recently announced its financial performance for the first quarter ... Published 12 Oct, 2020 07:49am
Operation ‘Bunyan ul Marsoos’: Pakistan destroys Udhampur airbase, Pathankot airfield in India, state media reports
Operation ‘Bunyan ul Marsoos’: Pakistan destroys Udhampur airbase, Pathankot airfield in India, state media reports