October 28, 2025 (MLN): Wafi Energy Pakistan Limited (PSX: WAFI) shared the company’s financial performance for the nine months ended September 30, 2025. The company reported a profit after tax of Rs3bn, compared to a profit after tax of Rs724m in the same period last year.
Earnings per share increased to Rs14.16 compared to Rs3.38 in SPLY.
The company declared a cash dividend at Rs3 per share.
As Wafi Energy Pakistan builds on its first year in Pakistan, the company remains dedicated to driving operational excellence, sustainability, and community impact. Over the past year, WAFI has continued to expand its Shell-branded retail network, commissioning 28 new sites nationwide, upgrading seven locations, and adding 12 Shell Select stores.
WAFI launched its second eco-friendly Shell fuel station in Rawalpindi. The site was constructed using 7,700 kg of recycled plastic in partnership with Concept Loop, a Wafi Tameer alumni startup. It follows the success of Pakistan’s first retail site constructed with recycled-plastic and the road build with recycled lubricant cans in Karachi, continuing efforts to repurpose waste material for environmental benefit.
Over the past year, WAFI has continued to expand its Shell-branded retail network, commissioning 28 new sites nationwide, upgrading seven locations, and adding 12 Shell Select stores.
During the quarter, the company also introduced the New & Improved Shell V-Power, a premium fuel formulated to enhance vehicle performance.
The lubricants business sustained growth across both consumer and industrial segments, with the company strengthening its leadership in the mining, transport, and construction sectors through strategic OEM partnerships and a focus on technical excellence.
In line with its commitment to social responsibility, WAFI collaborated with the National Disaster Management Authority (NDMA) to supply fuel for critical relief and transportation activities during the recent floods. The company also reinforced its internal preparedness and response frameworks to ensure workforce safety and operational resilience.
WAFI remains dedicated to driving operational excellence, sustainability, and community impact.
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STATEMENT OF PROFIT OR LOSS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2025 (Rs.000) |
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Description |
9MFY25 |
9MFY24 |
change% |
|
Sales |
348,697,336 |
327,100,812 |
7% |
|
Other revenue |
1,025,831 |
779,156 |
32% |
|
Sales tax |
(6,757,349) |
(5,882,503) |
15% |
|
Net revenue |
342,965,818 |
321,997,465 |
7% |
|
Cost of products sold |
(321,137,095) |
(304,132,351) |
6% |
|
Gross profit |
21,828,723 |
17,865,114 |
22% |
|
Distribution and marketing expenses |
(10,733,518) |
(10,020,587) |
7% |
|
Administrative expenses |
(4,830,084) |
(8,045,106) |
-40% |
|
Other expenses |
(1,430,875) |
(538,989) |
165% |
|
Other income |
1,625,795 |
4,241,718 |
|
|
Operating profit |
6,460,041 |
3,502,150 |
84% |
|
Finance costs |
(1,737,549) |
(1,490,701) |
17% |
|
Share of profit of associate - net of tax |
1,522,976 |
1,538,453 |
-1% |
|
Profit before final taxes, minimum tax differential and income tax |
6,245,468 |
3,549,902 |
76% |
|
Final taxes |
(319,262) |
(312,000) |
2% |
|
Minimum tax differential |
(66,412) |
(1,164,631) |
-94% |
|
Profit / (loss) before income tax |
5,859,794 |
2,073,271 |
183% |
|
Income tax: |
|||
|
Current |
(2,839,161) |
(425,893) |
567% |
|
Deferred |
9,830 |
(923,554) |
-101% |
|
Profit / (loss) after income tax |
3,030,463 |
723,824 |
319% |
|
Earning per share |
14.16 |
3.38 |
319% |