Intraco Refueling’s profit soars 55pc in Q1

Intraco Refueling Station Limited's profit rose around 55 per cent in the first quarter of 2022-23. 

Consolidated earnings per share were Tk 0.51 in the July-September quarter against Tk 0.33 during the same period last year, according to the company's unaudited financial statements.

Consolidated net operating cash flow per share rose to Tk 0.56 from Tk 0.39. Consolidated net asset value per share improved to Tk 12.72 on September 30 this year from Tk 12.50 on the same day a year earlier.

Intraco Refueling began its journey in 2007 with three CNG refuelling stations in Chandpur, Cumilla and Narayanganj.

Currently, it has business entities in the areas of conversion, retesting and liquefied petroleum gas refuelling, according to the company's website.

Shares of Intraco Refueling were down 3.94 per cent at Tk 46.30 on the Dhaka Stock Exchange yesterday.