External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Pakistan State Oil Company (PSO) announced its 2QFY25 results today, reporting an unconsolidated profit of Rs7.2bn (EPS: Rs15.35). The earnings were slightly below industry expectations due to lower-than-expected gross margins and higher taxation.</li><li>This takes 1HFY25 earnings to Rs11.2bn (EPS of Rs23.81) compared to 1HFY24 profit of Rs7.8bn (EPS of Rs16.51) up 44% YoY.</li><li>The company recorded gross margins of 3% in 2QFY25 as compared to 3.3% in 1QFY25.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan State Oil Company (PSO) announced its 2QFY25 results today, reporting an unconsolidated profit of Rs7.2bn (EPS: Rs15.35). The earnings were slightly below industry expectations due to lower-than-expected gross margins and higher taxation.This takes 1HFY25 earnings to Rs11.2bn (EPS of Rs23.81) compared to 1HFY24 profit of Rs7.8bn (EPS of Rs16.51) up 44% YoY.The company recorded gross margins of 3% in 2QFY25 as compared to 3.3% in 1QFY25.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan State Oil (PSO): 2QFY25 EPS at Rs.15.35, up 81% YoY