External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Oil, gas and consumable fuels / Thematic (Sector/Industry)

<ul><li>Pakistan's Oil Marketing Companies (OMCs) sales reached 1.21mn tons in Aug 2024. This represents a 14% YoY decrease, due to monsoon season, and a 2% MoM rise, due full working month unlike July which was affected due to Moharram Holidays.</li><li>Total sales for 2MFY25 totaled at 2.4mn tons, a 12% YoY decline compared to 2.8mn tons in 2MFY24.</li><li>Excluding furnace oil (Ex-FO) sales in Aug 2024 were 1.2mn tons, reflecting a 11% YoY decrease but a 3% MoM rise. For 2MFY25, ex-FO sales totaled 2.3mn tons, a 9% YoY decline.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Pakistan's Oil Marketing Companies (OMCs) sales reached 1.21mn tons in Aug 2024. This represents a 14% YoY decrease, due to monsoon season, and a 2% MoM rise, due full working month unlike July which was affected due to Moharram Holidays.Total sales for 2MFY25 totaled at 2.4mn tons, a 12% YoY decline compared to 2.8mn tons in 2MFY24.Excluding furnace oil (Ex-FO) sales in Aug 2024 were 1.2mn tons, reflecting a 11% YoY decrease but a 3% MoM rise. For 2MFY25, ex-FO sales totaled 2.3mn tons, a 9% YoY decline.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Pakistan Oil Marketing - Amidst monsoon, oil sales declined 14% YoY; 2MFY25 sales down 12% YoY