Pakistan State Oil Co. Ltd. Class IPSX: PSO

Presentation of Corporate Briefing Session

· Issued by Pakistan State Oil Co. Ltd. Class I
CORPORATE BRIEFING SESSION FOR THE PERIOD ENDED MARCH 31, 2025




COMPANY BRIEF Company Profile


Pakistan State Oil Company Ltd. is serving the nation as an innovative and dynamic Energy Company which is delivering value to the customers since 1976.

INFRASTRUCTURE



Over 3600 retail outlets spread across Pakistan

(31 company operated

retail outlets)

9 Installations, 19 Depots & 15 Aviation Stations

across Pakistan

Total storage capacity of

1.24 Mn tons approx

2 Lubricant Manufacturing Facilities with a single shift blending capacity of 70 KMTs p.a

ISO certified Mobile Quality Testing Units to ensure high quality standard fuel to customers

Most sophisticated and tech-oriented card network in Pakistan

Non-Fuel related facilities at retail outlets including Vibe Stores, Shop Stops, ATMs, Oil Change, Car Wash, Quick Service Restaurants etc.

Business Model


1.24



Group Structure




63.6% 100% 100% 100%

PRL

Pakistan Refinery Limited Others include

institutions and general public

PSOVC

PSO Venture Capital (Private) Limited -

Subsidiary Company

Cerisma

Cerisma (Private) Limited -

Subsidiary Company

PSORE

PSO Renewable Energy

(Private) Limited -

Subsidiary Company

PAK GREASE

Pak Grease Manufacturing Company (Private) Limited

- Associate Company

APL

Asia Petroleum Limited -Associate Company Others include

Independent Petroleum Group (12.5%), Veco Int'l (12.5%), Infravest (26%)

PAPCO

Pak-Arab Pipeline Company Limited Others include PARCO (62%), Wafi Energy (26%)

JIMCO



Joint Installation of Marketing Companies Others include Wafi Energy (25%) & TPPL (13%),

managed by PSO

NIIAP

New Islamabad Intl. Airport Fuel Farm Attock Petroleum Limited (APL) (50%)

49% 22%

12% 62%

50%



Market Served & Product Lines




OPERATIONAL HIGHLIGHTS OPEC Basket - Crude Oil Price Trend

June 09, 2025



$66.48 /BBL

Jul 24 - Mar 25 Jul 23 - Mar 24

Avg: $ 76.43 /bbl Avg: $ 85.03 /bbl

Analysis: The 9 Months of last fiscal year saw increase in international fuel prices, resulting in inventory gains. In contrast, the current 9 Months of FY25 experienced reduction in international fuel prices , leading to inventory losses for overall industry. Liquid Oil Consumption in Pakistan


Others 0.5%

4.3%

Furnance Oil 5.0%



JP1

Others 0.5%

JP1 4.3%

Furnance Oil



8.4%

Mogas

46.8%

HSD 41.9%

Mogas

48.3%

HSD 39.9%

9MFY25 9MFY24 Liquid Oil Consumption - PSO


Others 0.7%

JP1





9.6%

Furnance Oil

1.9%

Others 0.6%

JP1 8.5%

Furnance Oil 4.2%

Mogas 43.2%

Mogas 44.0%

HSD 43.7%

HSD 43.5%

9MFY25 9MFY24 Supply Chain Improvements & growth of distribution network




Construction of 2 tanks of 25000 MT at Faqirabad depot and 04 tanks having cumulative capacity of 5300 MT were rehabilitated at KTB, DLP and LMPA

Commissioned 67 New Retail Outlets

Contribution to Society - Empowering Communities, Enriching Lives


CSR Of Approx. Rs. 334 Mn

Celebrated the talents of differently-

abled students at PSO House

Conducted a Tree Plantation Activity

at Pipri Marshalling Yard

Supporting Medical Treatments of

congenital heart disease, blood cancer, major thalassemia.

Nationwide Ration Drive During

Ramzan

Providing Advanced Prosthetic Arms

To 25 Individuals



Contribution to Society - Empowering Communities, Enriching Lives


Set up 50 Smart Classrooms across 25

government schools

Sponsored a training center in Balochistan, offering free IT courses to 5,000 youth

Extended educational support to orphan girls, ensuring access to quality education and residence

Free healthcare dispensary and RO

plant at PSO's Mehmoodkot Terminal

Tree plantation project at Lyari

Expressway, planting 10,000 Trees

Supplying state-of-the-art medical equipment and ambulances for blood transport.



Setting Excellence Benchmarks


Gold Award in SAFA

Best Presented Annual Report 2023

2nd Position (Fuel & Energy Sector) Best Corporate Report Award



Setting Excellence Benchmarks


1st Position (Oil & Gas Marketing Company) 39th Corporate Excellence Awards

Silver Effies Awards Conquer with Carient Campaign



Other Achievements


PSO Successfully secured win in the tender for operation, maintenance and management of Aviation Fueling facility at Multan & Faisalabad Airport for a period of 30 years lease

Achieved official membership of Joint Inspection Group (JIG), the global standard for aviation fuel operation

PSO signs collaboration agreement with HUBCO Green to install charging stations at multiple PSO locations across Pakistan



PSO partnered with Pakistan Railways for refueling services at 8 strategic locations

PSO launched and commissioned modern concept convenience stores (VIBE)



Deployed automated Sales Queue Management System at Keamari Terminal to optimize dispatch efficiency



PSO executed new long-term agreement with SOCAR for the imports of liquid fuels under G-to-G arrangement





PSO's FINANCIAL HIGHLIGHTS

EBITDA excl. Uncontrollable factors



(Rs in billion)



Financial Performance


Jul - Mar 2025 Jul - Mar 2024

Gross sales

2,512,238 2,839,410

Net sales

2,336,552 2,670,758

Cost of goods sold

(2,263,259) (2,590,864)

Gross profit

73,293 79,894

Admin & distribution expenses

(19,744) (18,143)

Other expenses

(4,315) (3,750)

Operating costs

(24,059) (21,893)

Operating Profit

49,234 58,001

Other income

15,164 13,290

Finance cost

(26,864) (40,408)

Share of Profit of associates

843 1,064

Profit before taxation

38,376 31,946

Taxation

(23,108) (18,549)

Profit after taxation

15,269 13,397

Earning per share (Rs.)

32.52 28.54

(Rs in million)



GROUP'S FINANCIAL HIGHLIGHTS
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