Business

PSO’s 46th Annual General Meeting

Karachi, October 28, 2022 (PPI-OT):The national energy icon, Pakistan State Oil (PSO), convened its 46th Annual General Meeting for financial year 2021-22 on October 26, 2022 in Karachi. Shareholders were apprised about record breaking results as the company surpassed its previous years’ historic financial performance, achieving an all-time high gross revenue of PKR 2.7 trillion (FY21: PKR 1.4 trillion) and a record profit after tax of PKR 86.2 billion (FY21: PKR 29.1 billion) i.e. a 196% increase.

The net profit translated into an earning per share of PKR 183.66 (FY21: PKR 62.07). Based on the outstanding financial and operational performance of the company, Board of Management declared a final dividend of PKR 10/- per share (100%) for the financial year 2021-22.

For more information, contact:

Executive-Corporate Communications

Pakistan State Oil (PSO)

PSO House, Khayaban-e-Iqbal, Clifton,

P. O. Box 3983, Karachi 75600, Pakistan

UAN: +92-21-111-111-PSO (776)

Ta’aluq Care Line: 0800-03000

Tel: +92-21-99203866-85

Fax: +92-21-99203835

Email: hasan.saeed@psopk.com

Website: www.psopk.com

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