Karachi: Pakistan State Oil has delivered an impressive financial performance in the current fiscal year. According to its latest report, PSO Earns Over Rs 38 billion in profit during the first nine months.
The company released its financial results for the ongoing fiscal year. The data shows strong growth in both earnings and market share. As a result, PSO Earns Over Rs 38 billion while maintaining its leadership in the petroleum sector.
During this period, the company’s after-tax profit crossed Rs 38 billion. This marks a 149% increase compared to the same period last year. Therefore, PSO builds on improved operational efficiency.
In comparison, the company had reported a profit of Rs 15.30 billion in the same period last year. This significant jump reflects better financial management. Consequently, PSO Earns Over Rs 38 billion with strong momentum.
The earnings per share also showed notable growth. It reached Rs 81.19 during this period. Meanwhile, total sales climbed to Rs 2,400 billion. As sales expanded, PSO earned from higher revenue streams.
The company also strengthened its position in key fuel markets. In the white oil segment, PSO maintained a 42.6% market share. Similarly, it held 42.4% in the diesel segment. In the mogas market, its share reached 37.8%. Therefore, PSO dominates major sectors.
In addition, the aviation segment remained a strong growth area. PSO secured a leading position with a 99.2% market share. This dominance further supports why PSO Earns this amount in such a short time.
Moreover, other business segments also performed well. The lubricants division recorded a 16% increase. At the same time, LPG sales grew by 10%, reaching 46,000 metric tons. As these sectors improved, PSO earned this amount through diversified growth.
Overall, the company’s performance reflects strong strategic planning. It also shows resilience in a competitive market. Going forward, PSO Earns Over Rs 38 Billion may signal continued growth and stability in the energy sector.
