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BYCO: Earnings drop by 156%



From a Rs. 4 million profit last year Byco Petroleum reported a loss of Rs. 2 million this year as it saw a considerable increase in its cost of inventory sold by 24% that constituted about 99% of revenue this year compared to 95% last year. Therefore its Gross profit declined by 85% to Rs. 1 million from Rs. 8 million approximately last year.
Read Full Report (https://drive.google.com/file/d/1aQvMs3Sy6R-ZD8rXFKHS11GBnok9Q8aP/view?usp=sharing)

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