POL Profitability Declined in 3QFY25
Staff Report:
ISLAMABAD: Pakistan Oilfields Limited (POL) has posted a decline in profitability the third quarter ended March 31, 2025.
The company has announced its financial results for the third quarter ended March 31, 2025 and posted a significant decline in profitability compared to the same period last year.
According to the results disclosed to the Pakistan Stock Exchange (PSX), the company has reported an earnings per share (EPS) of PKR 23.29 for the quarter under review.
This is down sharply from PKR 43.55 recorded in the corresponding quarter of FY24.
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For the nine-month period ended March 31, 2025, POL’s EPS stood at PKR 59.02, against Rs 105.47 during the same period last year.
It reflected a substantial year-on-year decrease in earnings.
The Board of Directors has not announced any cash dividend or bonus shares alongside the quarterly results.
Pakistan Oilfields Limited (POL), is a subsidiary of the Attock Oil Company Limited.
This is a leading oil and gas exploration and production company in Pakistan. It was established in 1950, POL and has been engaged in the exploration, drilling, and production of crude oil and natural gas, as well as the marketing of liquefied petroleum gas (LPG), solvent oil, and sulfur.
The company has been an operator of key oil fields across the country and remains a significant contributor to Pakistan’s energy sector.
