NET REVENUE

250,000,000

200,000,000

150,000,000

100,000,000

50,000,000

-
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Sales figure drop down 29% in 2019(6 months unaudited) as compared to 2018 of the same period. The main reason is
that govt imposes ban on import of FURNACE OIL because of LPG as an alternate need to be promote. The main chunk
of Hascol sales is import of FURNACE oil.

Table 1. 2019-18 Audited Report (6 Months)

Table 2. 2018-17 Audited Report

 SELLING & DISTRIBUTION EXPENSES
4,500,000
4,000,000
3,500,000
3,000,000
2,500,000
2,000,000
1,500,000
1,000,000
500,000
-
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

Due to economic downtrend and reduction of overall market size have impacted the distribution expenses. During 2019
the selling expenses remains low due to low demand.
 ADMINISTRATION EXPENSES
1,000,000
900,000
800,000
700,000
600,000
500,000
400,000
300,000
200,000
100,000
-
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019

2019 administration expenses displayed in graph is of 6 months. This figure 549 million (6 months) in 2019 as compared
to 2018 figure of 882 million (Annual) shows increase in admin expense trend.
 NET PROFIT
4,000,000

2,000,000

-
2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
(2,000,000)

(4,000,000)

(6,000,000)

(8,000,000)

(10,000,000)

(12,000,000)

In 2018-19 Hascol had expanded their operations (Invested in setting new terminals, buying new own vehicles and
overall company expansion, introduction of new petroleum products, substantial increase in finance cost due to a sharp
rise in the discount rate by SBP) . This results in increase of finance cost upto 500% which results in decrease in net
profit.