Pakistan State Oil (PSO): 2QFY25 EPS at Rs.15.35, up 81% YoY – Earnings slightly lower than industry expectations - By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan State Oil Company (PSO) announced its 2QFY25 results today, reporting an unconsolidated profit of Rs7.2bn (EPS: Rs15.35). The earnings were slightly below industry expectations due to lower-than-expected gross margins and higher taxation.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This takes 1HFY25 earnings to Rs11.2bn (EPS of Rs23.81) compared to 1HFY24 profit of Rs7.8bn (EPS of Rs16.51) up 44% YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company recorded gross margins of 3% in 2QFY25 as compared to 3.3% in 1QFY25</span></li></ul>