Pakistan State Oil Archives

PSO Registers 44% Profit Growth for Half-Year of FY25

February 13, 2025February 13, 2025Shahnawaz Akhter

Karachi, February 13, 2025 – Pakistan State Oil (PSO) has announced an impressive profit growth of over 44% for the half-year period spanning from July to December of the fiscal year 2024-25.

PSO Discloses Billions in Tax Contingencies Amid Ongoing Appeals

October 31, 2024October 31, 2024Shahnawaz Akhter

Karachi, October 31, 2024 – Pakistan State Oil (PSO) has revealed substantial tax contingencies totaling billions of rupees as of September 30, 2024, according to its latest financial report.

PSO Reports Rs 15.9 Billion Profit for FY24, Declares Dividend

October 25, 2024October 25, 2024Faisal Shahnawaz

Karachi, October 25, 2024 – Pakistan State Oil (PSO) has announced a profit after tax of Rs 15.9 billion for the fiscal year ending June 30, 2024, marking a significant achievement for the state-owned energy giant.

PSO Registers Staggering 180% Jump in FY24 Profit

August 27, 2024August 27, 2024Shahnawaz Akhter

Karachi, August 27, 2024 – Pakistan State Oil (PSO) has reported an extraordinary 180% increase in net profit for the fiscal year 2023-24, marking a significant achievement for the country’s leading oil marketing company.

Pakistan State Oil Reports 30% Profit Surge Over Nine Months

April 26, 2024April 26, 2024Shahnawaz Akhter

Pakistan State Oil (PSO), the nation’s leading fuel supplier, has reported a robust 30 percent year-on-year increase in after-tax profits for the first nine months of the fiscal year 2023-24, signaling strong financial health amidst challenging economic conditions.

Circular Debt and High-Interest Rates Pose Challenges for PSO

February 28, 2024February 28, 2024Shahnawaz Akhter

Karachi, February 28, 2024 – Pakistan State Oil (PSO) is grappling with formidable challenges as circular debt and soaring interest rates have substantially increased financial costs, according to a report unveiled on Wednesday.

PSO Clarifies Greenfield Refinery Project Amidst Reports

February 26, 2024February 26, 2024Shahnawaz Akhter

Karachi, February 26, 2024 – Pakistan State Oil (PSO) addressed recent reports concerning the establishment of the Greenfield Refinery Project on Monday, seeking to provide clarity on the situation.

PSO Announces Rs 7.75 Billion Profit for 1HFY24

February 15, 2024February 16, 2024Faisal Shahnawaz

Karachi, February 15, 2024 – Pakistan State Oil (PSO) has announced a net profit of Rs 7.7 billion in first half of fiscal year 2023-24, showcasing resilience in the face of economic challenges.

Pakistan State Oil Records a Drastic 93% Drop in Annual Net Profit

August 23, 2023August 23, 2023Shahnawaz Akhter

Karachi, August 23, 2023 – Pakistan State Oil (PSO) has reported a staggering 93 percent decline in its profit after tax for the fiscal year ending on June 30, 2023.

PSO registers 58% decline in earnings for 3QFY23 amid higher finance costs

April 27, 2023April 27, 2023Faisal Shahnawaz

Pakistan State Oil (PSO), the largest oil marketing company in Pakistan, has reported a significant decline in earnings for its 3QFY23.

Tag: Pakistan State Oil