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Hi Tech Lubricants | Higher Distribution expenses result in loss

For the latest quarter, Q2 ending Dec2024, Hi-Tech Lubricants (PSX:HTL) posted a loss of Rs. 1.8 per share.  Cash Dividend was Nil.

This reduces the net income of HTL to a total of Rs. 1 per share for the last four quarters. The Company did not declare any cash distribution in last four quarters.

Higher distribution cost this quarter resulted in operating loss despite higher gross profit.

The cumulative net income of the last four quarters stands at 54% lower compared to the cumulative total of the prior four quarters.

In the last 5 quarters, HTL incurred losses in 2 quarters.

HTL has no weighting in KSE100 Index, KSE30 Index and KMI 30 Index.

As of week ending 21 Feb 2025:HTL has lagged behind the KSE100 by 7% over the past 3 months. And over the past 1 year HTL overperformed the KSE100 by 10%.




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