Pakistan Refinery : Transmission of Quarterly Accounts for the Period ended September 30, 2022
October 31, 2022 at 06:22 am
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VISION
The Refinery of first choice for all
stakeholders.
MISSION
Producing top quality and environmentally sustainable products through safe operations, state of the art technology and premium human resources.
TABLE OF CONTENTS
Company Profile / Information
03
Board of Directors
04
Directors' Review
05
Condensed Interim Statement of Financial Position
06
Condensed Interim Statement of Profit or Loss and
other Comprehensive Income
07
Condensed Interim Statement of Changes in Equity - (Unaudited)
08
Condensed Interim Statement of Cash Flows - (Unaudited)
09
Notes to and Forming Part of the Financial
Statements - (Unaudited)
10
COMPANY PROFILE
PRL is a hydro-skimming refinery incorporated in Pakistan as a public limited company in May 1960. The Company is engaged in production and sale of petroleum products. The Company is a subsidiary of Pakistan State Oil Company Limited (PSO). The shares of the Company are listed on Pakistan Stock Exchange Limited.
Refinery is situated in Karachi with designed throughput capacity of 50,000 barrels per day. Major units installed at the Refinery are Crude Distillation Unit, Hydrotreating Unit, Platformer Unit and Isomerisation Unit.
REPORT SEPTEMBER 30, 2022
COMPANY INFORMATION
Deputy Managing Director
(Finance & IT) / CFO
Imran Ahmad Mirza
Company Secretary
Shehrzad Aminullah
Auditors & Tax Advisors
KPMG - Taseer Hadi & Co.
Chartered Accountants
Legal Advisors
Orr Dignam & Co.
Registrar & Share Registration Office
FAMCO Associates (Private) Limited.
8-F, near Hotel Faran, Nursery, Block-6, P.E.C.H.S., Shahra-e-Faisal, Karachi.
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Disclaimer
Pakistan Refinery Ltd. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 10:21:04 UTC.
Pakistan Refinery Limited (PRL) is a Pakistan-based company, which is engaged in the production and sale of petroleum products. It has a hydro skimming refinery designed to process various imported and local crude oil. The refinery has a capacity of processing approximately 50,000 barrels per day of crude oil into a variety of distilled petroleum products, such as motor gasoline, high speed diesel, furnace oil, jet fuels, kerosene oil, and naphtha. Its PRL plant consists of crude desalting unit, crude distillation unit, hydro de-sulfurization unit, platforming unit, isomerization unit, LPG recovery unit, steam generation unit, power generation unit, effluents water treatment unit, and water softening unit. Its facilities include crude unit, hydro unit, platformer unit, and isomerization unit, among others. The Company' refinery is operating at two locations, such as the main processing facility is located at Korangi Creek with supporting crude berthing, and storage facility at Kamari.