As per the notice issued to Pakistan Stock Exchange, Hi-Tech Lubricants Ltd. (HTL) and Hyundai Nishat Motor (Pvt.) Ltd. (HNMPL) through its After-Sales Department have entered into bilateral agreement for Sale, Supply & Branding of ZIC Brand Lubricants to all the Authorized / Designated Dealers of Hyundai Nishat Motors Pakistan Ltd.
Hi-Tech Lubricants Limited (HTL) has permission to operate storage facility at Sahiwal and marketing of petroleum products in the province of Punjab. HTL had gross sales of Rs. 7.8 billion in 2020 with net loss of Rs. 40 million.
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