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Pakistan State Oil | Q2-Dec2024 Financial Results

For the latest quarter ending December 2024, PSO posted a profit of Rs. 15.4 per share but paid no cash dividend.

This brings PSO's net income to a total of Rs. 41.1 per share for the last four quarters, while the total cash distribution during the same period was Rs. 10 per share.

Revenues remain stagnant. Revenue in Q2-Dec2024 declined by 3% compared to the average of the previous four quarters.

Gross profit in Q2 was slightly lower than in Q1. PSO reported higher Profit Before Tax (PBT), driven by a substantial reduction in financial charges.

The gross profit margin for the quarter stood at 3%, compared to 3.3% in the first quarter. The tax rate was 42.7%, down from 51.5% in the first quarter.

https://dps.psx.com.pk/download/document/247289.pdf



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