Financial Highlights
- Profit Before Tax: Rs. 29,843 million
- Profit After Tax: Rs. 18,977 million
- Earnings Per Share: Rs. 29.92
- Dividend Approved: Rs. 7.50 per share (75%)
Key Achievements
- Unaccounted for Gas (UFG) Reduction:
- UFG losses reduced from 5.15% to 4.93%
- Lowest disallowance in 18 years
- Gas savings: Over 1,269 MMCF through proactive measures, technology adoption, and stringent monitoring
Shareholder Approvals
- Dividend: Final cash dividend of Rs. 7.50 per share (75%) for FY 2023-24
- Auditor Re-appointment: M/s. A.F. Ferguson & Co., Chartered Accountants, re-appointed as external auditors for FY 2024-25
Meeting Details
- Date and Location: May 22, 2025, Avari Hotel, Lahore
- Key Attendees:
- In-person: Mr. Saadat Ali Khan (Chair), Ms. Faaria Rehman Salahuddin, Mr. Ahmed Chinoy, Mr. Faisal Iqbal, Mr. Saqib Arbab, Mr. Kamran Akram, Mr. Imtiaz Mehmood
- Via video link: Mr. Amer Tufail (Managing Director), Mr. Tariq Iqbal Khan, Mr. Muhammad Ramzan, Ms. Saira Najeeb Ahmed, Mr. Zafar Abbas
- Interactive Session: Shareholders provided suggestions and received satisfactory responses