KARACHI: Pakistan State Oil (PSO) has reported a profit-after-tax (PAT) of Rs20.9 billion for the fiscal year 2024–25 and announced a dividend of Rs10 per share, reflecting a 22.5% payout ratio.
The announcement was made during the company’s 49th Annual General Meeting (AGM) held on Friday, chaired by Asif Baigmohamed, Chairman of the Board of Management. Syed Taha, Managing Director and CEO, along with senior executives, also attended the session.
PSO’s management informed shareholders that the company had expanded its retail network to 3,649 outlets nationwide and achieved notable progress on the White Oil Pipeline project, aimed at enhancing fuel transportation efficiency. The company also advanced its automation and digitisation initiatives, including the Faisalabad Terminal Automation System, to strengthen operational excellence.
Reaffirming its commitment to energy security and sustainable growth, PSO management said it remains focused on innovation and efficiency. Shareholders commended the company’s robust performance and strategic leadership.
