AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Attock Petroleum Ltd (APL) reported a notable decline in its financial performance for the fiscal year 2025, as revealed in an analyst briefing conducted by the company. The company’s net profit after tax (NPAT) fell by 25% year-on-year to PkR10.4 billion, translating to earnings per share (EPS) of PkR83.5.
The decline in profitability was primarily attributed to inventory losses, which significantly impacted margins. Additionally, the company faced increased operating expenses and a 25% year-on-year reduction in finance income from banks, further affecting its financial results.
Administration costs rose due to the expansion in the number of Company Owned Company Operated (COCO) sites. Notably, 52 non-performing outlets were phased out during the year, while 32 new ones were opened. A significant portion of the 45 COCO outlets are strategically located along major motorways, including M3, M4, M1, M14, E35, M5, and M9.
The briefing, presented by Attock Petroleum Ltd, aimed to provide investors with a comprehensive overview of the company’s financial standing and its strategic direction moving forward.