{"id":11053,"date":"2025-08-07T16:50:26","date_gmt":"2025-08-07T11:50:26","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=11053"},"modified":"2025-08-07T16:50:28","modified_gmt":"2025-08-07T11:50:28","slug":"maris-profits-take-a-dip-but-dividend-stays-steady","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/maris-profits-take-a-dip-but-dividend-stays-steady\/","title":{"rendered":"MARI’s Profits Take a Dip, But Dividend Stays Steady"},"content":{"rendered":"\n

Mari Petroleum Company Limited (MARI<\/a>)<\/strong> is set to announce its financial results for the quarter ending June 2025 (4QFY25) on August 8, 2025<\/strong>. Here’s what investors need to know.<\/p>\n\n\n\n

Earnings drop despite slight sales growth<\/h2>\n\n\n\n

MARI\u2019s profit after tax (PAT) for the latest quarter is expected to be Rs 13.7 billion<\/strong>, a 47% drop<\/strong> compared to the same period last year. That brings the Earnings Per Share (EPS)<\/strong> to Rs 11.4<\/strong> for the quarter.<\/p>\n\n\n\n

For the full year, FY25 EPS is estimated at Rs49.9<\/strong>, down from Rs64.4 last year, a 22% annual decline<\/strong>.<\/p>\n\n\n\n

Why the dip?<\/p>\n\n\n\n

    \n
  • Lower production<\/strong>: Gas supplies to SNGP were reduced due to system issues.<\/li>\n\n\n\n
  • Sales were flat<\/strong>: Revenue rose just 2% YoY<\/strong> and dropped 11% QoQ<\/strong>.<\/li>\n\n\n\n
  • Higher royalty expenses<\/strong>: Payments to the government for using gas reserves surged significantly.<\/li>\n\n\n\n
  • Lower finance income<\/strong>: While slightly better than last quarter, income from financial assets dropped 34% YoY.<\/li>\n<\/ul>\n\n\n\n

    Exploration losses and costs<\/h2>\n\n\n\n

    Exploration and prospecting costs also dragged down profits, reversing a positive gain in the same quarter last year. On the bright side, operating and admin expenses<\/strong> were down 16% YoY, helping cushion some of the blow.<\/p>\n\n\n\n

    Dividend holds firm<\/h2>\n\n\n\n

    Despite the earnings drop, MARI is still expected to announce a Rs 15 per share dividend,<\/strong> matching last year\u2019s payout. This shows the company\u2019s confidence in its financial stability, even during a tough year.<\/p>\n\n\n\n

    Key numbers at a glance (4QFY25E):<\/h2>\n\n\n\n
      \n
    • Net Sales<\/strong>: Rs 40.7 billion<\/li>\n\n\n\n
    • Profit After Tax<\/strong>: Rs 13.7 billion<\/li>\n\n\n\n
    • EPS<\/strong>: Rs11.4<\/li>\n\n\n\n
    • Dividend<\/strong>: Rs15\/share<\/li>\n\n\n\n
    • Full-year Profit<\/strong>: Rs60 billion (\u219322% YoY)<\/li>\n<\/ul>\n\n\n\n

      While the numbers might not look exciting at first glance, MARI\u2019s steady dividend<\/strong> and cost control efforts<\/strong> suggest it\u2019s navigating the challenges fairly well. With gas production and pricing stability expected in the coming quarters, investors will be watching closely for signs of a turnaround.<\/p>\n\n\n\n

      Source: Taurus Securities Limited<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

      Mari Petroleum Company Limited (MARI) is set to announce its financial results for the quarter ending June 2025 (4QFY25) on August 8, 2025. Here’s what investors need to know.<\/p>\n","protected":false},"author":11,"featured_media":6905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,138],"tags":[182],"class_list":["post-11053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-financials","tag-mari"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=11053"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11053\/revisions"}],"predecessor-version":[{"id":11054,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11053\/revisions\/11054"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/6905"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=11053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=11053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=11053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}