Byco earns Rs871m.

KARACHI -- Byco Petroleum Pakistan Ltd (BYCO) declared net profit for the quarter ended Sept 30 (1QFY20) at Rs871 million, translating into earnings per share at Re0.16, representing growth of twice the net earnings of Rs397m and EPS at Re0.07 in the same quarter the earlier year.

The company in a statement said that, during the period, oil prices remained largely steady and the value of the rupee improved slightly against the dollar. However, due to the overall slowdown in country's economy, the consumption of petroleum...

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