Shell Pakistan profit increased 70 percent to Rs570 million in the quarter ended September 30, 2019, compared to the profit of Rs334 million made in the same period last year.
Shell Pakistan continued its focus on its strategic priorities and operational excellence in the quarter through macro-economic challenges in the country, a statement issued by the company said.
However, the overall financials for the nine months ended September 30, 2019, still present a challenging situation for the company; driven primarily by the unprecedented devaluation of the rupee, the volatility in the international oil prices and increased minimum tax rates applicable on the company.
Sheikh argued that the government should have maintained stable petroleum prices
MARI has successfully drilled and tested the third appraisal well in the Ghazij formation in the Mari D&PL
Gold rates decreased by $17 to $2,395 per ounce in the international market
Company's revenue saw a 13.9% year-on-year increase, reaching Rs49.2 billion, up from Rs43.19 billion in the same...
A man counts US dollars in a money exchange shop in Dhaka. — AFP/FileLAHORE: The first thing that the government...
Power generation stood at 8,741 gigawatt-hours or 11,749 megawatts in March
