PSO Posts Rs. 15.3 Billion Profit for 9 Months

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). For 9MFY25, PSO posted a net profit of Rs. 15.3 billion, translating into earnings per share (EPS) of Rs. 32.5. Gross sales surged to Rs. 2.52 trillion (9MFY24: Rs. 2.8 trillion). The group recorded a net profit of Rs. 12.3 billion for the period, translating into earnings per share (EPS) of Rs. 26.2 compared to an EPS of Rs. 35.5 during 9MFY24. PSO upheld its leadership position in key fuel segments, maintaining a 46 percent market share in white oil, including 46.5 percent in diesel, and a 99 percent in the jet fuel market. The company continued the expansion of its retail network to 3,641 stations, following the strategic opening of 67 new outlets, further solidifying its market presence. In a pioneering step for aviation fueling, PSO introduced a mobile jet fuel refueling facility at the New Gwadar International Airport (NGIAP), supporting Pakistan’s infrastructure ambitions. Further solidifying its international credentials, PSO became a member of the Joint Inspection Group (JIG), the global authority on aviation fuel handling safety and standards. To enhance operational efficiency and drive future expansion, PSO upgraded storage infrastructure at critical sites, including Keamari Terminal, Lubricant Manufacturing Plant (Karachi) and Daulatpur (Punjab), restoring 5.3 KMT of storage capacity. Upcoming upgrades at Sihala and the LMPA are expected to increase by an additional 5.2 KMT. Beyond business, PSO contributed Rs. 334 million to social and community development, including Rs. 120 million dedicated to a nationwide Ramadan ration distribution initiative. These efforts reflect the company’s deep commitment to inclusive and sustainable development. PSO management continues to engage with stakeholders and authorities to address key challenges, including managing trade receivables, through strategic discussions and collaborative efforts. The company remains focused on embracing cutting-edge technologies, expanding its product portfolio, and investing in renewable energy, aligning itself with global trends toward cleaner, greener energy solutions. The company’s management expressed gratitude to the Board of Management, Government of Pakistan, Ministry of Energy (Petroleum Division), shareholders, and employees for their steadfast support and trust.