Commercial Credit Report for Hi-Tech Lubricants Ltd

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	Hi-Tech Lubricants Ltd
1-A, Danepur Road, G.O.R-1
Phone: +92 4236311881p:+92 4236311881	LAHORE, 54000 Pakistan	Ticker: HTLHTL

Business Summary

Hi-Tech Lubricants Limited is a Pakistan-based company, which procures and distributes lubricants and petroleum products. The Company operates through three segments: Lubricants, Petroleum Products, and the Polymer Segment. The Lubricants segment is engaged in the purchase and sale of lubricants, parts and rendering of services. The Petroleum Products segment primarily encompasses the marketing and sale of petroleum products through HTL Fuel Stations. The Polymer Segment is engaged in the production of plastic products for external customers. The Company’s polymer segment operates through its subsidiary, Hi-Tech Blending (Private) Limited. The Company’s HTL express centers include franchise models, such as vehicle maintenance services in Lahore, Gujranwala, Rawalpindi and Karachi, and Rawalpindi. The Company sells its ZIC lubricants primarily through handlers and distributors split across all over Pakistan.

Scores and Ratings

FRISK^® Score	Z'' Score	PAYCE^® Score	DBT Index	Moody's Rating	Fitch Rating	DBRS Rating
Yes	Yes	-	-	-	-	-

Financials, News and Filings

Latest Statement	Last Audit	News	SEC Filings	Bankruptcy Filings	Suit & Judgment Filings	Tax Lien Filings
9/30/2023	6/30/2023	Yes	-	-	-	-

Industries

SIC Code	Description
5172	Petroleum and petroleum products wholesalers, except bulk station
2821	Plastics materials, synthetic resins, and nonvulcanizable elastomers

General Information

Number of Employees:	576	(As of 6/30/2023)
Outstanding Shares:	139,204,800	(As of 9/30/2023)
Shareholders:	6,068
Stock Exchange:	PSX
Fax Number:	+92 4236311884

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