Karachi, April 29, 2025 – Pakistan State Oil (PSO), a leading player in the nation’s energy sector, has reported a steady financial and operational performance for the nine months ended March 31, 2025 (9MFY25), highlighting its resilience, strategic focus, and market dominance despite ongoing economic and industry challenges.
Financial Highlights
- Net Profit (Standalone): PKR 15.3 billion
- Earnings Per Share (EPS): PKR 32.5
- Gross Sales: PKR 2.52 trillion (compared to PKR 2.8 trillion in 9MFY24)
- Group Net Profit: PKR 12.3 billion
- Group EPS: PKR 26.2 (versus PKR 35.5 in 9MFY24)
Market Leadership & Retail Expansion
PSO maintained its dominant position in key fuel segments:
- White Oil Market Share: 46% (including 46.5% in diesel)
- Jet Fuel Market Share: 99%
- Retail Network Expansion: Reached 3,641 stations after strategically opening 67 new outlets
Aviation Fuel Innovations & International Recognition
- Mobile Jet Fuel Refueling Facility: Launched at New Gwadar International Airport (NGIAP) to support Pakistan’s infrastructure growth.
- Global Accreditation: Became a member of the Joint Inspection Group (JIG), the global authority on aviation fuel safety and standards.
Infrastructure Upgrades & Storage Enhancements
PSO upgraded storage facilities at key locations:
- Keamari Terminal, Lubricant Manufacturing Plant (Karachi), and Daulatpur (Punjab): Restored 5.3 KMT of storage capacity.
- Upcoming Projects: Expansions at Sihala and LMPA expected to add 5.2 KMT more capacity.
Corporate Social Responsibility (CSR) Initiatives
- Total CSR Spend: PKR 334 million
- Ramadan Ration Drive: PKR 120 million allocated for nationwide distribution.
- Commitment: Reinforces PSO’s dedication to inclusive and sustainable development.
Strategic Focus & Future Outlook
- Receivables Management: Engaging with stakeholders and authorities to address trade receivables.
- Technology & Renewable Energy: Investing in cutting-edge solutions and expanding into cleaner energy alternatives.
Acknowledgments
PSO’s management extended gratitude to the Board of Management, Government of Pakistan, Ministry of Energy (Petroleum Division), shareholders, and employees for their unwavering support.