Wednesday, May 29, 2024

Shell Pakistan Posted Profit of Rs. 314 Million in First 3 Months of 2024

Shell Pakistan Ltd (SPL) made a profit of Rs314 million after taxes in the first three months of 2024, showing a big improvement from a loss of Rs4.762 billion during the same period last year.

During this time, SPL expanded its mobility business by opening five new sites and updating 13 existing ones. They also added 13 non-fuel retail facilities across their network.

Attock Refinery Ltd (ARL) announced that its main crude distillation unit is back in operation after improvements to produce more high-speed diesel (HSD). ARL is watching the demand for their products closely, according to a filing on Wednesday.

Pak-Qatar Family Takaful Ltd had a turnover of Rs16.30 billion in 2023. Their Shareholders Fund made a profit of Rs156.30 million after taxes, with earnings per share at Rs1.20. The Participants’ Takaful Fund (Waqf Fund) had a surplus of Rs37.5 million before distribution.

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