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Shell Pakistan’s Profit Falls to Rs3.3bn Amid Wafi Energy Acquisition

Summary by TechJuice

ISLAMABAD: Shell Pakistan Limited (PSX: SHEL) has reported a sharp decline in its annual profitability, with profit after tax dropping to Rs3.3 billion for the year ending December 31, 2024, compared to Rs5.8 billion in 2023. This represents a significant decrease of over 43%, reflecting the company’s challenging business environment over the past year. Despite the decline in profitability, Shell Pakistan announced a cash dividend of Rs5 per sha…

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Shell Pakistan’s Profit Falls to Rs3.3bn Amid Wafi Energy Acquisition

ISLAMABAD: Shell Pakistan Limited (PSX: SHEL) has reported a sharp decline in its annual profitability, with profit after tax dropping to Rs3.3 billion for the year ending December 31, 2024, compared to Rs5.8 billion in 2023. This represents a significant decrease of over 43%, reflecting the company’s challenging business environment over the past year. Despite the decline in profitability, Shell Pakistan announced a cash dividend of Rs5 per sha…

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TechJuice broke the news in 3 days ago on Thursday, February 20, 2025.

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