PSO reports Record Nine Monthly Results
Karachi, April 28, 2022 (PPI-OT): Pakistan’ s premier energy marketing company, Pakistan State Oil Co. Ltd. (PSO) continues to dominate the energy market, reporting highest ever nine-month profit after tax of PKR 64.8 billion (9MFY21: PKR 18.2 billion), demonstrating the company’s agility and strength across its diverse portfolio. PSO outperformed the industry in all petroleum products, leading to an astounding increase in its market share by 3.4% compared to June 30, 2021.
PSO’s Board of Management reviewed the performance of the company together with its subsidiary Pakistan Refinery Limited (PRL) during the meeting held at PSO’s head office in Karachi on April 28, 2022. PRL reported a profit after tax of PKR 5.4 billion for the period (9MFY21: profit after tax of ...