Oilboy Energy Limited declares un-audited financial results for the nine months ended March 31, 2023

Karachi, Oilboy Energy Limited held its Board of Directors meeting on Thursday, May 04, 2023, and announced its financial results (un-audited) for the nine months ended on March 31, 2023. The company has declared a cash dividend, bonus shares, right issue, and any other entitlement or corporate action, as nil.

There is no other price-sensitive information as well. The condensed interim statement of profit or loss (un-audited) shows a gross profit of Rs. 4,358,013 as compared to Rs. 5,105,873 for the same period last year. The company incurred a loss before taxation of Rs. 5,666,249 as compared to a loss of Rs. 86,733,070 for the same period last year.

The loss after taxation for the period stood at Rs. 4,448,535 as compared to a loss of Rs. 87,325,330 for the same period last year. The loss per share-basic and diluted for the period ended March 31, 2023, is Rs. 0.19.