Pakistan State Oil Company Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 962,430.53 million compared to PKR 874,551.04 million a year ago. Net loss was PKR 11,780.81 million compared to PKR 2,928.81 million a year ago. Basic loss per share from continuing operations was PKR 25.09 compared to PKR 6.24 a year ago.
For the six months, sales was PKR 1,927,634.58 million compared to PKR 1,775,218.33 million a year ago. Net income was PKR 12,210.25 million compared to net loss of PKR 1,183.98 million a year ago. Basic earnings per share from continuing operations was PKR 26.01 compared to basic loss per share from continuing operations of PKR 2.52 a year ago.