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While the public is being burdened with levy, the petrol marketing and distribution companies are earning crazy profits!!
According to the latest stats, Pakistan State Oil (PSO) earned a profit of Rs15.07 billion after tax in the fiscal year ended June 30, 2026, with earnings per share of Rs32.1. Excluding LNG, gross profit from its core business rose 20.5%, from Rs67.9 billion to Rs81.9 billion.
Chief executive Javed Ahmed Cheema said fuel supplies across Pakistan were uninterrupted throughout the year, despite challenging conditions.