{
  "id": 9750290,
  "title": "PSO Delivers Resilient FY26 Performance as Core Business Grows Strongly Through Hormuz Crisis",
  "url": "https://urgent.news/2026/09/25/pso-delivers-resilient-fy26-performance-as-core-business-grows",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-25T10:07:38.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/25/pso-delivers-resilient-fy26-performance-as-core-business-grows-strongly-through-hormuz-crisis/"
  },
  "original_language": "en",
  "account": "Pakistan State Oil Company Limited (PSO) delivered a resilient performance in the fiscal year 2026 (FY26), navigating through regional challenges with remarkable strength. With zero fatalities, 48 million safe man-hours, and zero lost time injury and total recordable incident rates, PSO’s operational safety was a testament to its supply chain, terminals, retail network, and dedicated workforce collaborating closely with the Government of Pakistan, refineries, suppliers, carriers, dealers, and banks.\n\nThe year tested PSO's capabilities, but the company succeeded in ensuring uninterrupted fuel supply across Pakistan, showcasing its commitment to energy security and economic stability. Its nationwide supply chain, storage infrastructure, and distribution network proved their mettle, allowing PSO to remain prepared during periods of disruption and change.\n\nDespite a PKR 10.7 billion swing in LNG prices, PSO’s core business grew strongly, reflecting its resilience and ability to overcome external challenges. Gross revenue reached PKR 3.42 trillion, with standalone profit after tax at PKR 15.07 billion, resulting in earnings per share of PKR 32.1. Gross profit increased significantly to PKR 99.9 billion, with a notable 20.5% growth excluding LNG, from PKR 67.9 billion to PKR 81.9 billion.\n\nPSO’s dedication to financial discipline and working capital management played a crucial role in its success. Trade receivables decreased, reducing finance costs by 24%. The company continued to foster a strong position in the white oil market, maintaining a 42.7% market share and dominating as Pakistan’s preferred aviation fuel supplier with a 99% market share, generating over US$360 million in foreign exchange earnings.\n\nDiversified business segments also performed well, with lubricant volumes rising by 6%, LPG contribution nearly tripling, and chemicals volumes growing by 203% to 5,170 metric tonnes. PSO expanded its retail network, reaching 3,688 outlets and adding over 350 convenience retail sites.\n\nLooking ahead, PSO aims to focus on operational excellence in FY26. The company will prioritize everyday safety, product availability, correct pricing, and timely deliveries while driving integration across its supply chain. With a vision to grow core fuel volumes with sharper margins, accelerate urban retail development, scale lubricants and LPG, advance its digital platform, and deliver key infrastructure projects, PSO remains committed to powering Pakistan’s energy needs with reliability, responsibility, and continuous support.",
  "summary": "In a year that tested regional energy supply chains, continuity was delivered safely. Pakistan State Oil Company Limited (PSO) closed … Read More The post PSO Delivers Resilient FY26 Performance as Core Business Grows Strongly Through Hormuz Crisis appeared first on ProPakistani .",
  "key_points": [
    "PSO delivered resilient FY26 performance with strong core business growth",
    "Company navigated Hormuz crisis with zero fatalities and zero lost time injuries",
    "Gross revenue reached PKR 3.42 trillion with 20.5% growth excluding LNG"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}