Pakistan State Oil Company Limited (PSX:PSO)

PSX:PSO Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Revenue	3,533,317	3,742,082	3,539,155	2,541,730	1,223,678	1,121,161
Revenue Growth (YoY)	-4.29%	5.73%	39.24%	107.71%	9.14%	-5.43%
Cost of Revenue	3,441,309	3,632,965	3,456,774	2,365,298	1,167,901	1,115,894
Gross Profit	92,008	109,117	82,381	176,432	55,777	5,267
Selling, General & Admin	24,823	24,138	20,016	16,070	14,260	13,870
Other Operating Expenses	3,549	1,461	-3,564	14,639	1,002	-3,038
Operating Expenses	27,977	25,919	16,655	30,009	15,262	10,832
Operating Income	64,030	83,198	65,726	146,423	40,516	-5,565
Interest Expense	-48,484	-54,739	-41,528	-5,192	-4,242	-13,976
Interest & Investment Income	19,858	19,858	8,766	20,515	13,200	7,356
Earnings From Equity Investments	1,518	1,645	-868.78	690.33	574.95	546.93
Currency Exchange Gain (Loss)	-685.09	-685.09	-212.39	-1,215	1,764	-127.56
Other Non Operating Income (Expenses)	-1,184	-1,170	-2,117	-770.8	-7,311	-1,418
EBT Excluding Unusual Items	35,053	48,107	29,766	160,450	44,501	-13,183
Gain (Loss) on Sale of Assets	61.81	61.81	163.55	110.21	35.98	23.67
Asset Writedown	-	-	-	-	-4.85	-
Other Unusual Items	-	-	-	-	470.95	-
Pretax Income	35,115	48,169	29,929	160,561	45,003	-13,083
Income Tax Expense	22,182	28,518	20,113	64,838	15,445	1,679
Earnings From Continuing Operations	12,933	19,650	9,816	95,723	29,557	-14,762
Minority Interest in Earnings	2,331	-1,323	-497.5	-4,479	-152.34	3,743
Net Income	15,264	18,327	9,319	91,244	29,405	-11,020
Net Income to Common	15,264	18,327	9,319	91,244	29,405	-11,020
Net Income Growth	-32.80%	96.67%	-89.79%	210.30%	-	-
Shares Outstanding (Basic)	469	469	469	469	469	469
Shares Outstanding (Diluted)	469	469	469	469	469	469
EPS (Basic)	32.51	39.04	19.85	194.35	62.63	-23.47
EPS (Diluted)	32.51	39.04	19.85	194.35	62.63	-23.47
EPS Growth	-32.80%	96.67%	-89.79%	210.30%	-	-
Free Cash Flow	134,825	6,443	-271,152	-61,839	7,846	47,222
Free Cash Flow Per Share	287.18	13.72	-577.57	-131.72	16.71	100.58
Dividend Per Share	10.000	10.000	7.500	10.000	15.000	-
Dividend Growth	33.33%	33.33%	-25.00%	-33.33%	-	-
Gross Margin	2.60%	2.92%	2.33%	6.94%	4.56%	0.47%
Operating Margin	1.81%	2.22%	1.86%	5.76%	3.31%	-0.50%
Profit Margin	0.43%	0.49%	0.26%	3.59%	2.40%	-0.98%
Free Cash Flow Margin	3.82%	0.17%	-7.66%	-2.43%	0.64%	4.21%
EBITDA	68,636	87,279	69,350	149,575	43,472	-2,323
EBITDA Margin	1.94%	2.33%	1.96%	5.88%	3.55%	-0.21%
D&A For EBITDA	4,605	4,081	3,623	3,152	2,957	3,242
EBIT	64,030	83,198	65,726	146,423	40,516	-5,565
EBIT Margin	1.81%	2.22%	1.86%	5.76%	3.31%	-0.50%
Effective Tax Rate	63.17%	59.20%	67.20%	40.38%	34.32%	-
Advertising Expenses	-	976.21	597.28	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.