ATRL restarts main unit but will keep an eye on demand
In a notification sent to PSX on 08/05/2024, Attock Refinery Limited (ATRL) has announced the functioning of its main unit however the production demand it closely monitored.
This is in continuation of our earlier letter No. ARL/FA/ca/1,500.01/16383 dated April 22, 2024 on the subject. As required under clause No. 5.6.1 of the Rule Book of Pakistan Stock Exchange (PSX) and sections 96 and 131 of the Securities Act, 2015 read with Notification SRO. No. 143(1)/2012, we wish to inform you that recently some improvement has been observed in uplifting of High Speed Diesel (HSD). Accordingly, ARL has restarted its main unit, however, the situation is being closely monitored with respect to product demand.
The shares of ARTL were last trading at Rs 397.10 today.
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