External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Pakistan State Oil Company (PSO) announced its 4QFY24 result today, where the company recorded unconsolidated profit of Rs2.5bn (EPS of Rs5.25). The result came higher than industry expectations due to higher than expected other income.</li><li>This takes FY24 earnings to Rs15.9bn (EPS of Rs33.79) compared to FY23 profit of Rs5.7bn (EPS of Rs12.06) up 180% YoY.</li><li>PSO announced a final cash dividend of Rs10/share, in-line with our expectations.</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 State Oil Company (PSO) announced its 4QFY24 result today, where the company recorded unconsolidated profit of Rs2.5bn (EPS of Rs5.25). The result came higher than industry expectations due to higher than expected other income.This takes FY24 earnings to Rs15.9bn (EPS of Rs33.79) compared to FY23 profit of Rs5.7bn (EPS of Rs12.06) up 180% YoY.PSO announced a final cash dividend of Rs10/share, in-line with our expectations.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 State Oil (PSO): FY24 EPS at Rs33.79, up 180% YoY