Cnergyico to explore options to enhance liquidity, crude availability position

News Image

MG News | March 09, 2022 at 10:35 AM GMT+05:00

0:00

March 9, 2022 (MLN): The Board of Directors of Cnergyico PK Limited has decided to explore all options to enhance the current liquidity of the company, working capital lines, and current position of the crude availability,

In a meeting held yesterday, the Board discussed the recent increase in international oil prices, implementation of price differentials and their corresponding impact on the company’s financial position.

During 1HFY22, the company incurred a loss after tax of Rs1.28 billion as compared to profit after tax of Rs961 million in the same period last year.

The net sales of the company jumped to Rs77.90 billion from Rs65.60 billion in the same period last year, however, gross profit went down to Rs1.62 billion compared to Rs3.26 billion last year.

The company’s stock is currently trading at Rs5.27, with a volume of 851,477 shares.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 164,527.41
664.36M
-0.45%
-739.33
ALLSHR 100,140.58
1,507.93M
-0.37%
-373.91
KSE30 50,625.54
186.87M
-0.38%
-191.43
KMI30 241,055.78
105.99M
-0.07%
-163.98
KMIALLSHR 66,485.60
686.74M
-0.25%
-164.51
BKTi 46,103.99
97.85M
-1.13%
-525.22
OGTi 32,830.77
8.32M
-0.37%
-122.23
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 122,460.00 124,255.00
121,770.00
-1610.00
-1.30%
BRENT CRUDE 66.15 66.58
65.55
-0.10
-0.15%
RICHARDS BAY COAL MONTHLY 82.25 0.00
0.00
-1.00
-1.20%
ROTTERDAM COAL MONTHLY 90.75 90.75
90.75
0.40
0.44%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 62.44 62.87
61.78
-0.11
-0.18%
SUGAR #11 WORLD 16.31 16.40
16.27
0.02
0.12%

Chart of the Day


Latest News
October 09, 2025 at 03:18 PM GMT+05:00

Macter secures PFS and PFP licenses


October 09, 2025 at 02:27 PM GMT+05:00

Aisha Steel Mills to challenge CCP’s Rs648m penalty


October 09, 2025 at 01:36 PM GMT+05:00

PTC eyes Rs65/share as Telenor deal promises synergies



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg