{"id":11282,"date":"2025-08-19T15:23:27","date_gmt":"2025-08-19T10:23:27","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=11282"},"modified":"2025-08-19T15:23:30","modified_gmt":"2025-08-19T10:23:30","slug":"pakistan-state-oil-pso-ends-fy25-on-a-strong-note","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/pakistan-state-oil-pso-ends-fy25-on-a-strong-note\/","title":{"rendered":"Pakistan State Oil (PSO) Ends FY25 on a Strong Note"},"content":{"rendered":"\n<p><strong>Pakistan State Oil (<a href=\"https:\/\/ksestocks.com\/blog\/tag\/pso\/\" data-type=\"post_tag\" data-id=\"166\" target=\"_blank\" rel=\"noreferrer noopener\">PSO<\/a>)<\/strong>, the country\u2019s largest oil marketing company, wrapped up its financial year 2025 (FY25) with strong profit growth, even though overall sales were lower.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Profits more than doubled in Q4<\/h2>\n\n\n\n<p>In the last quarter (April\u2013June 2025), PSO\u2019s profit jumped to <strong>PKR 5.9 billion<\/strong>, more than double compared to the same period last year. This means its earnings per share (EPS) came in at <strong>PKR 12.6<\/strong>.<\/p>\n\n\n\n<p>The jump came mainly because the company had to pay <strong>lower finance costs<\/strong> (interest on loans), thanks to declining interest rates and reduced borrowings.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Sales declined, but margins improved<\/h2>\n\n\n\n<p>PSO\u2019s sales revenue dropped by around <strong>12% YoY<\/strong> in Q4, as fuel volumes were slightly lower compared to last year. But despite lower sales, PSO\u2019s <strong>gross margins improved<\/strong>. This was because the company faced fewer inventory losses due to better pricing conditions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Full-year performance<\/h2>\n\n\n\n<p>For FY25, PSO posted a profit of <strong>PKR 21.2 billion<\/strong>, up by <strong>34%<\/strong> compared to FY24. EPS for the year stood at <strong>PKR 45.2<\/strong>, while the company announced a healthy <strong>cash dividend of PKR 15 per share<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What\u2019s next for PSO?<\/h2>\n\n\n\n<p>With borrowing costs coming down and circular debt pressures slightly easing, PSO looks in a better financial position than before. However, fuel demand trends, government policies, and global oil prices will continue to play a big role in shaping the company\u2019s future performance.<\/p>\n\n\n\n<p>For investors: The big question is whether PSO can sustain this profit momentum in FY26, especially if sales volumes remain under pressure?<\/p>\n\n\n\n<p><strong>Source: Taurus Securities Limited<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan State Oil (PSO), the country\u2019s largest oil marketing company, wrapped up its financial year 2025 (FY25) with strong profit growth, even though overall sales were lower.<\/p>\n","protected":false},"author":9252,"featured_media":6984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,138],"tags":[166],"class_list":["post-11282","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-financials","tag-pso"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/PSO-STOCK-PSX-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/PSO-STOCK-PSX-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/PSO-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/PSO-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11282","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\/9252"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=11282"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11282\/revisions"}],"predecessor-version":[{"id":11283,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11282\/revisions\/11283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/6984"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=11282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=11282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=11282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}