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Tag: Pakistan State Oil

petroleum

PSO declares annual loss of Rs6.46 billion

September 1, 2020September 1, 2020Mrs. Anjum Shahnawaz

KARACHI: Pakistan State Oil Company Limited (PSO) on Tuesday declared Rs6.46 billion loss for the year ended June 30, 2020, according to financial results of the company submitted to Pakistan Stock Exchange (PSX). The company posted Rs10.56 billion after tax profit for the year ended June 30, 2019. The company recorded sales of Rs1,108 billion […]

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petrol shortage

Many fuel stations shut down after sudden demand, supply suspension rumors

February 20, 2020June 27, 2025Mrs. Anjum Shahnawaz

Panic gripped Karachi on Wednesday evening as numerous fuel stations were forced to shut down following a surge in demand sparked by rumors of a fuel supply suspension.

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Pakistan State Oil

PSO declares 55 percent decline in net profit for nine-month period

April 22, 2019April 11, 2021Faisal Shahnawaz

KARACHI: The net profit of Pakistan State Oil (PSO) has declined substantially by 55 percent to Rs5.92 billion for the period July – March 2018/2019 as compared with Rs13.22 billion in the corresponding period of the last fiscal year. According to financial results submitted to Pakistan Stock Exchange (PSX) on Monday for nine-month period ended […]

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Pakistan State Oil

PSO receives Rs60 billion from power companies

March 4, 2019June 5, 2022Faisal Shahnawaz

KARACHI: Pakistan State Oil (PSO) has said it received Rs60 billion as partial settlement of receivable from power sector companies. In a notice to Pakistan Stock Exchange (PSX) on Monday, the state run oil marketing company said that it had received an aggregate amount of Rs60 billion as partial settlement of receivables related to certain […]

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Pakistan State Oil

PSO declares 50% decline in net profit for first half

February 18, 2019December 17, 2023Faisal Shahnawaz

KARACHI: Pakistan State Oil (PSO), the state-run oil company, has announced a 50 percent decline in net profit for the half-year period ending on December 31, 2018, as revealed in the financial results submitted to the Pakistan Stock Exchange (PSX) on Monday.

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  • SBP to share high-risk banking data with FBR
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