PSO To Promote Its Lubricants Range

PSO had increased its turnover to Rs975 billion compared to last year’s Rs877 billion.

KARACHI: The chairman of the Board of Management of Pakistan State Oil (PSO), Sohail Wajahat Siddiqui, said on Thursday the nation’s largest energy company would promote its lubricants range in the market to strengthen its balance sheet.

Presiding over PSO’s annual general meeting, Siddiqui said the company had increased its turnover to Rs975 billion compared to last year’s Rs877 billion. He said earnings per share (EPS) also increased to Rs86.17 per share against last year’s Rs52.76 per share. 

Published in The Express Tribune, September 30^th, 2011.