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Hascol Petroleum

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573: 195: 172: 149: 24: 1109: 285:, global commodities trader, acquired percent and 15 percent shares in Hascol between 2015 and 2016, and in October 2019, Vitol announced that it was raising its shareholding upward to 41 percent. 288:
In 2021, a scandal surfaced that Hascol had falsified its books and financial statements in 2019, this, coupled with mounting losses resulted in the company's share price tumbling from over
1195: 874: 279:, in collaboration with Fuchs, to set up a new plant in Bin Qasim, Karachi. In the same year, it became second-largest oil marketing company in the country. 539: 1175: 372: 1146: 1170: 450: 1180: 1200: 1185: 493: 343: 1165: 1139: 569: 1205: 1039: 164: 561: 1210: 954: 804: 432: 929: 739: 242: 1132: 1069: 809: 1034: 679: 414: 1024: 964: 674: 1190: 969: 904: 894: 714: 994: 749: 724: 624: 979: 829: 629: 297: 265: 125: 48: 899: 834: 604: 272: 849: 769: 554: 238: 1079: 914: 839: 313: 1120: 8: 654: 609: 589: 301: 984: 974: 764: 754: 318: 909: 1064: 854: 799: 779: 704: 699: 1019: 1004: 944: 934: 547: 395: 451:"2020 will be a great year for Pakistan's economy: Jahangir | Pakistan Today" 879: 789: 300:
declaring the company to be in default. The company had its assets frozen by the
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in 2007. In 2005, it received oil marketing license from the government.
118: 52: 23: 959: 819: 759: 187: 470:"Hascol may redo balance sheets after 'false purchase orders' surface" 694: 684: 669: 62: 519: 469: 864: 634: 572: 102: 373:"The extraordinary rise and spectacular crash of Hascol Petroleum" 246: 98: 1014: 1009: 252:
The company has distribution rights of German lubricating oil
282: 989: 1108: 494:"Hascol excluded from list of eligible securities: NCCPL" 213: 520:"SHC freezes Hascol's assets on Mena Energy application" 275:. In 2017, the company announced that it was investing 1115:This Pakistani corporation or company article is a 433:"Hascol to invest $ 20 million to set up new plant" 264:Hascol Petroleum was founded in 2001 and offered 1157: 1196:Companies listed on the Pakistan Stock Exchange 1140: 555: 1147: 1133: 562: 548: 22: 304:upon request of the company's creditors. 338: 336: 334: 1176:Pakistani companies established in 2001 409: 407: 405: 370: 1158: 517: 390: 388: 386: 543: 371:Hussain, Bilal (September 23, 2019). 331: 1171:Energy companies established in 2001 1103: 467: 402: 383: 234: 13: 271:In 2014, Hascol was listed on the 204:(US$ −50 million) (2022) 181:(US$ −49 million) (2022) 158:(US$ 250 million) (2022) 14: 1222: 1181:Oil and gas companies of Pakistan 1107: 955:Pakistan Aluminium Beverage Cans 805:International Industries Limited 571: 194: 193: 171: 170: 148: 147: 740:FrieslandCampina Engro Pakistan 1201:Companies in the KSE 100 Index 511: 486: 461: 443: 425: 364: 117:Sir James Carter Alan Duncan ( 1: 1186:2007 initial public offerings 324: 1119:. You can help Knowledge by 810:International Steels Limited 518:Tanoli, Ishaq (2021-10-15). 455:archive.pakistantoday.com.pk 7: 344:"Hascol Annual Report 2022" 307: 74:; 23 years ago 10: 1227: 1166:Companies based in Karachi 1102: 675:Colgate-Palmolive Pakistan 468:Alam, Kazim (2021-06-22). 396:"Hascol Petroleum Limited" 259: 1206:Automotive fuel retailers 1088: 585: 208: 185: 162: 143: 135: 108: 94: 86: 68: 58: 40: 30: 21: 995:Pakistan Tobacco Company 725:Fauji Fertilizer Company 419:Profit by Pakistan Today 415:"What is Hascol hiding?" 377:Profit by Pakistan Today 227:Hascol Petroleum Limited 1211:Pakistani company stubs 1065:Unilever Pakistan Foods 830:Kohinoor Spinning Mills 298:Pakistan Stock Exchange 266:initial public offering 605:Air Link Communication 273:Karachi Stock Exchange 875:Mehmood Textile Mills 850:Lucky Core Industries 695:EFU General Insurance 239:oil marketing company 1080:Yousuf Weaving Mills 915:Nishat Chunian Power 439:. February 18, 2017. 314:Puma Energy Pakistan 795:Indus Motor Company 735:First Habib Modarba 655:Bannu Woollen Mills 302:High Court of Sindh 241:which is active in 18: 1091:As of October 2024 1035:Standard Chartered 985:Pakistan State Oil 975:Pakistan Petroleum 965:Pakistan Oilfields 319:Pakistan State Oil 124:Aqeel Ahmed Khan ( 90:Mumtaz Hassan Khan 16: 1128: 1127: 1097: 1096: 980:Pakistan Services 970:Pakistan Refinery 905:National Refinery 855:Maple Leaf Cement 800:Interloop Limited 715:Fatima Fertilizer 705:Engro Fertilizers 700:Engro Corporation 595:Adamjee Insurance 577:Companies of the 421:. April 25, 2021. 296:in 2021, and the 292:in 2018 to about 245:. It is based in 243:downstream sector 237:) is a Pakistani 224: 223: 1218: 1191:Pakistani brands 1149: 1142: 1135: 1111: 1104: 1005:Punjab Oil Mills 945:Pak-Gulf Leasing 935:Packages Limited 690:Dolmen City REIT 625:Attock Petroleum 576: 575: 564: 557: 550: 541: 540: 534: 533: 531: 530: 515: 509: 508: 506: 505: 490: 484: 483: 481: 480: 465: 459: 458: 447: 441: 440: 429: 423: 422: 411: 400: 399: 392: 381: 380: 368: 362: 361: 359: 357: 348: 340: 295: 291: 278: 236: 220: 217: 215: 203: 201: 197: 196: 180: 178: 174: 173: 165:Operating income 157: 155: 151: 150: 82: 80: 75: 26: 19: 17:Hascol Petroleum 15: 1226: 1225: 1221: 1220: 1219: 1217: 1216: 1215: 1156: 1155: 1154: 1153: 1100: 1098: 1093: 1084: 1045:Systems Limited 1020:Searle Pakistan 910:Nestlé Pakistan 880:Millat Tractors 790:JDW Sugar Mills 765:HBL Growth Fund 680:Dawood Hercules 630:Attock Refinery 581: 570: 568: 538: 537: 528: 526: 516: 512: 503: 501: 492: 491: 487: 478: 476: 466: 462: 449: 448: 444: 431: 430: 426: 413: 412: 403: 398:. May 30, 2019. 394: 393: 384: 369: 365: 355: 353: 346: 342: 341: 332: 327: 310: 293: 289: 276: 262: 235:حیسکول پیٹرولیم 212: 199: 198: 190: 176: 175: 167: 153: 152: 131: 111: 78: 76: 73: 45: 12: 11: 5: 1224: 1214: 1213: 1208: 1203: 1198: 1193: 1188: 1183: 1178: 1173: 1168: 1152: 1151: 1144: 1137: 1129: 1126: 1125: 1112: 1095: 1094: 1089: 1086: 1085: 1083: 1082: 1077: 1072: 1067: 1062: 1057: 1052: 1047: 1042: 1037: 1032: 1027: 1022: 1017: 1012: 1007: 1002: 1000:Pioneer Cement 997: 992: 987: 982: 977: 972: 967: 962: 957: 952: 947: 942: 937: 932: 927: 922: 920:Nishat Chunian 917: 912: 907: 902: 900:National Foods 897: 892: 890:Murree Brewery 887: 882: 877: 872: 867: 862: 860:Mari Petroleum 857: 852: 847: 842: 840:Lotte Chemical 837: 835:Kot Addu Power 832: 827: 822: 817: 812: 807: 802: 797: 792: 787: 782: 777: 772: 767: 762: 757: 752: 747: 742: 737: 732: 727: 722: 717: 712: 707: 702: 697: 692: 687: 682: 677: 672: 667: 662: 660:Bestway Cement 657: 652: 650:Bank of Punjab 647: 642: 637: 632: 627: 622: 617: 612: 607: 602: 597: 592: 586: 583: 582: 567: 566: 559: 552: 544: 536: 535: 510: 485: 460: 442: 424: 401: 382: 363: 329: 328: 326: 323: 322: 321: 316: 309: 306: 277:US$ 20 million 261: 258: 256:in Pakistan. 222: 221: 210: 206: 205: 202:-14.44 billion 191: 186: 183: 182: 179:-14.06 billion 168: 163: 160: 159: 145: 141: 140: 137: 133: 132: 130: 129: 122: 114: 112: 109: 106: 105: 96: 92: 91: 88: 84: 83: 70: 66: 65: 60: 56: 55: 46: 41: 38: 37: 32: 28: 27: 9: 6: 4: 3: 2: 1223: 1212: 1209: 1207: 1204: 1202: 1199: 1197: 1194: 1192: 1189: 1187: 1184: 1182: 1179: 1177: 1174: 1172: 1169: 1167: 1164: 1163: 1161: 1150: 1145: 1143: 1138: 1136: 1131: 1130: 1124: 1122: 1118: 1113: 1110: 1106: 1105: 1101: 1092: 1087: 1081: 1078: 1076: 1073: 1071: 1068: 1066: 1063: 1061: 1058: 1056: 1053: 1051: 1048: 1046: 1043: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1021: 1018: 1016: 1013: 1011: 1008: 1006: 1003: 1001: 998: 996: 993: 991: 988: 986: 983: 981: 978: 976: 973: 971: 968: 966: 963: 961: 958: 956: 953: 951: 948: 946: 943: 941: 938: 936: 933: 931: 928: 926: 923: 921: 918: 916: 913: 911: 908: 906: 903: 901: 898: 896: 895:National Bank 893: 891: 888: 886: 883: 881: 878: 876: 873: 871: 868: 866: 863: 861: 858: 856: 853: 851: 848: 846: 843: 841: 838: 836: 833: 831: 828: 826: 823: 821: 818: 816: 813: 811: 808: 806: 803: 801: 798: 796: 793: 791: 788: 786: 785:Ibrahim Fibre 783: 781: 778: 776: 773: 771: 768: 766: 763: 761: 758: 756: 753: 751: 748: 746: 743: 741: 738: 736: 733: 731: 728: 726: 723: 721: 718: 716: 713: 711: 710:Engro Polymer 708: 706: 703: 701: 698: 696: 693: 691: 688: 686: 683: 681: 678: 676: 673: 671: 668: 666: 665:Cherat Cement 663: 661: 658: 656: 653: 651: 648: 646: 643: 641: 640:Bank AL Habib 638: 636: 633: 631: 628: 626: 623: 621: 618: 616: 613: 611: 608: 606: 603: 601: 598: 596: 593: 591: 588: 587: 584: 580: 579:KSE 100 Index 574: 565: 560: 558: 553: 551: 546: 545: 542: 525: 521: 514: 499: 495: 489: 475: 471: 464: 456: 452: 446: 438: 434: 428: 420: 416: 410: 408: 406: 397: 391: 389: 387: 378: 374: 367: 352: 345: 339: 337: 335: 330: 320: 317: 315: 312: 311: 305: 303: 299: 286: 284: 280: 274: 269: 267: 257: 255: 250: 248: 244: 240: 232: 228: 219: 211: 207: 192: 189: 184: 169: 166: 161: 156:71.16 billion 146: 142: 138: 134: 127: 123: 120: 116: 115: 113: 107: 104: 100: 97: 93: 89: 85: 71: 67: 64: 61: 57: 54: 50: 47: 44: 39: 36: 33: 29: 25: 20: 1121:expanding it 1114: 1099: 1090: 1060:TRG Pakistan 1055:Thal Limited 1010:Rafhan Maize 950:Pakgen Power 925:Nishat Power 885:Mughal Steel 845:Lucky Cement 825:Kohat Cement 720:Fauji Cement 645:Bank Alfalah 527:. Retrieved 523: 513: 502:. Retrieved 500:. 2021-06-28 497: 488: 477:. Retrieved 473: 463: 454: 445: 436: 427: 418: 376: 366: 354:. Retrieved 350: 290:Rs. 300 287: 281: 270: 263: 251: 249:, Pakistan. 226: 225: 95:Headquarters 31:Company type 1075:Unity Foods 1070:United Bank 1050:Tariq Glass 870:Meezan Bank 775:Honda Atlas 745:Ghani Glass 730:Faysal Bank 620:Atlas Honda 615:Askari Bank 610:Allied Bank 600:AGP Limited 498:Daily Times 437:Daily Times 356:26 November 1160:Categories 820:K-Electric 760:HabibMetro 529:2021-11-07 504:2021-11-07 479:2021-11-07 351:hascol.com 325:References 294:Rs. 5 188:Net income 110:Key people 685:DG Cement 670:Cnergyico 200:Rs.  177:Rs.  154:Rs.  63:Petroleum 43:Traded as 865:MCB Bank 770:Highnoon 635:Avanceon 524:DAWN.COM 474:DAWN.COM 308:See also 136:Products 119:Chairman 103:Pakistan 59:Industry 1025:Service 815:Javedan 260:History 247:Karachi 216:.hascol 209:Website 144:Revenue 99:Karachi 87:Founder 77: ( 69:Founded 51::  1015:Sazgar 590:Abbott 53:HASCOL 35:Public 1040:SNGPL 1030:Shell 960:PIBTL 780:Hubco 347:(PDF) 283:Vitol 254:Fuchs 1117:stub 990:Ptcl 930:OGDC 358:2023 231:Urdu 218:.com 79:2001 72:2001 940:PEL 755:HBL 750:GSK 214:www 139:Oil 126:CEO 49:PSX 1162:: 522:. 496:. 472:. 453:. 435:. 417:. 404:^ 385:^ 375:. 349:. 333:^ 233:: 101:, 1148:e 1141:t 1134:v 1123:. 563:e 556:t 549:v 532:. 507:. 482:. 457:. 379:. 360:. 229:( 128:) 121:) 81:)

Index


Public
Traded as
PSX
HASCOL
Petroleum
Karachi
Pakistan
Chairman
CEO
Operating income
Net income
www.hascol.com
Urdu
oil marketing company
downstream sector
Karachi
Fuchs
initial public offering
Karachi Stock Exchange
Vitol
Pakistan Stock Exchange
High Court of Sindh
Puma Energy Pakistan
Pakistan State Oil



"Hascol Annual Report 2022"
"The extraordinary rise and spectacular crash of Hascol Petroleum"

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