pso - - Company - Business Recorder

BR Research

PSO in 9MFY23

Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 9MFY23 yesterday with a profit...

Published 28 Apr, 2023 09:10am

Markets

PSO’s earnings plunge 68% in 3QFY23

Despite higher sales, the profit-after-tax (PAT) of Pakistan State Oil Company Limited (PSO), the country’s largest...

Published 27 Apr, 2023 03:48pm

Business & Finance

Sales of petroleum products plunge 39% year-on-year in March

Decline led by lower demand of furnace oil and slowdown in activity in Ramadan

Updated 03 Apr, 2023 06:07pm

BR Research

PSO – inventory losses diminish earnings

While the oil marketing companies had seen robust sales of petroleum products in most of FY22, the petroleum sales...

Published 20 Feb, 2023 09:09am

Markets

Unconsolidated: PSO reports loss of Rs4.56bn in 2QFY23

Pakistan State Oil Company Limited (PSO) on Friday reported its unconsolidated loss for the second quarter of fiscal...

Published 17 Feb, 2023 04:19pm

Markets

Pakistan’s oil industry on brink of collapse, says OCAC

In letter to energy ministry and Ogra chairman, body makes case for enhancing trade finance limits in wake of rupee depreciation

Published 03 Feb, 2023 09:56pm

Markets

Petroleum products: sales down 11% year-on-year to 1.33mn tons in December

Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a...

Published 03 Jan, 2023 03:37pm

BR Research

Pakistan State Oil

Being the largest marketing company, Pakistan State Oil (PSX: PSO) has the largest market share in the OMC sector...

Published 09 Dec, 2022 08:46am

BR Research

PSO – 1Q profits decline

The oil marketing companies have seen robust sales of petroleum products in most ofFY22. Higher volumes and higher...

Published 02 Nov, 2022 09:02am

BR Research

Pakistan State Oil

Being the largest marketing company, Pakistan State Oil (PSX: PSO) has the largest market share I the OMC sector...

Published 24 Oct, 2022 08:43am

Business & Finance

PSO wins arbitration case against Gunvor

ISLAMABAD: Pakistan State Oil (PSO) has won an arbitration case against global LNG trader Gunvor Group Limited...

Updated 13 Oct, 2022 09:53am

Markets

PSO awarded $14.6 million after winning arbitration case against Gunvor

London Court of International Arbitration sided with PSO which had reduced payments to Gunvor due to overcharged shipments

Published 12 Oct, 2022 06:36pm

Business & Finance

Cash-strapped PSO’s receivables hit Rs583.2bn mark

ISLAMABAD: Faced with serious financial constraints, Pakistan State Oil (PSO) has repeatedly approached the federal...

Updated 23 Sep, 2022 09:50am

Markets

PSO eyes building $500mn LNG terminal near Karachi: report

State-owned corporation also intends to enter digital payments sector, planning to apply for a licence to become a mobile wallet operator, says CEO

Updated 19 Sep, 2022 04:44pm

Allowing IPPs to buy fuel from ‘any OMC’ irks PSO

ISLAMABAD: Pakistan State Oil (PSO), the state-owned fuel supplier, is annoyed with Central Power Purchasing Agency-...

Updated 17 Sep, 2022 09:59am

BR Research

PSO – earnings pouring

The oil marketing companies have seen robust sales of petroleum products in most ofFY22.Higher volumes as well as...

Published 30 Aug, 2022 08:39am

Business & Finance

FY22: PSO’s profit skyrockets to Rs95.7bn, up 223% driven by strong sales

Earnings per share clock in at Rs194.35 compared to EPS of Rs62.63 in FY21
Net sales during FY22 clock in at mammoth Rs2.54 trillion

Published 26 Aug, 2022 04:57pm

BR Research

PSO – earnings smash record

The oil marketing companies have seen robust sales of petroleum products in the 9MFY22 due to high demand despite...

Published 12 May, 2022 10:19am

BR Research

PSO – earnings revving

The downstream oil marketing sector has been seen rising volumes post the early pandemic times due to economic...

Published 17 Feb, 2022 10:24am

BR Research

Pakistan State Oil

Being the largest marketing company, Pakistan State Oil (PSX:PSO) has the largest market share I the OMC sector...

Published 03 Jan, 2022 07:48am

Pakistan

Amid strike-call, PSO and Shell say these petrol stations are still operating

Release list of locations functioning as petroleum dealers announce nationwide strike

Published 25 Nov, 2021 12:18pm

BR Research

PSO - winning at all fronts

The OMC sector has been witnessing record volumetric sales of petroleum products. During the first quarter of FY22,...

Published 29 Oct, 2021 07:30am

BR Research

PSO’s big fat bottomline

Pakistan State Oil (PSX: PSO) has reported record earnings for FY21 in its recently announced financial results at...

Published 25 Aug, 2021 07:35am

Markets

Pakistan State Oil seeks two LNG cargoes for September

It is seeking the cargoes for delivery over Sept. 16-17 and Sept. 26-27 in a tender that closes on Aug. 20, according to the document

Published 27 Jul, 2021 11:10am

BR Research

Pakistan State Oil

Pakistan State Oil (PSX: PSO) is the country’s largest OMC and is engaged in marketing and distribution of all...

Published 29 Jun, 2021 07:40am

BR Research

PSO – volumes driving earnings again!

After a stressful FY20 where petroleum product volumes sold by the oil marketing companies slithered due to lockdown...

Published 03 May, 2021 07:35am

BR Research

PSO – Inventory gains driving profits

The oil marketing sector had a tough FY20 where not only the volumetric sales suffered due to restrictions imposed ...

Published 19 Feb, 2021 07:40am

Business & Finance

PSO seeks spot LNG in first potential purchase in 3 years

PSO’s five-year LNG deal with Gunvor expired in Dec-sources.

Published 05 Feb, 2021 02:15pm

BR Research

Earning rebound for PSO

After a disastrous fourth quarter of FY20, Pakistan State Oil Limited (PSX: PSO) has had a breather in 1QFY21. The...

Published 28 Oct, 2020 07:34am

Pakistan, ITFC sign $386mn agreement for oil, LNG import

The facility will be utilized by Pakistan State Oil Company Limited (PSO), Pakistan Arab Refinery Limited, and Pakistan LNG Limited.

Published 12 Oct, 2020 03:57pm

Markets

After debt reduction, PSO to reap benefit in next quarter

As per details, PSO short term borrowings reduced from Rs 121.678 billion in FY19 to Rs 79.032 billion in FY20, signifying a debt decline of an impressive 35 percent.

Published 22 Sep, 2020 01:05pm

BR Research

PSO: FY20 scarred by inventory losses

Out of the total expected inventory losses of close to Rs20 billion that Pakistan State Oil Limited incurred in ...

Published 02 Sep, 2020 09:31am

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

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