National Refinery Limited announced unaudited earnings results for the second quarter and half year ended December 31, 2016. For the quarter, the company reported net sales of PKR 26,603,519,000 against PKR 29,821,565,000 a year ago. Operating profit was PKR 2,094,782,000 against PKR 3,578,696,000 a year ago. Profit before taxation was PKR 2,078,002,000 against PKR 3,538,201,000 a year ago. Profit after taxation was PKR 2,062,583,000 or PKR 25.79 basic and diluted per share against PKR 2,478,165,000 or PKR 30.99 basic and diluted per share a year ago. For the half year, the company reported net sales of PKR 52,339,917,000 against PKR 54,612,651,000 a year ago. Operating profit was PKR 4,062,881,000 against PKR 4,359,286,000 a year ago. Profit before taxation was PKR 4,000,201,000 against PKR 4,129,044,000 a year ago. Profit after taxation was PKR 3,967,914,000 or PKR 49.62 basic and diluted per share against PKR 2,884,283,000 or PKR 36.07 basic and diluted per share a year ago.