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HASCOL: Getting ready for growth in the long run

BY ALI ASGHAR POONAWALA KARACHI: Clear as blue skies, upsides in HASCOL Petroleum Limited (Hascol) are from superior volumetric growth (CY17-21F CAGR of 9.7%) outpacing the industry, with requisite CAPEX dovetailing an aggressive retail push (adding ~16 pumps per quarter for CY16) and storage infrastructure (planned addition of ~350,000MT operational by 1QCY18).

In this backdrop, Hascolraise…