Karachi: Wafi Energy Pakistan Limited (formerly Shell Pakistan Limited) declared a profit after tax of 873 million rupees for the first quarter of 2025, against 314 million rupees during the same period last year.
In a statement published on Wednesday, the company said it had maintained its market share despite continuous challenges in the petroleum industry, including the increase in operational costs due to variations in sales tax and continuous prevalence of illegal oil. This performance, noted the company, reflects its operational resilience and its management of robust networks.
WAFI Energy Pakistan Limited (WEPL) said that it is actively committed to industry stakeholders and regulatory authorities to ensure that industry margins adequately reflect cost pressure.
In its lubricant segment, WELP has recorded the growth of consumer (B2C) and industrial (B2B) markets, guaranteeing strategic partnerships with original equipment manufacturers (OEM) such as Hyundai and Suzuki. The B2B segment has also retained its main position in the mining sector. In the mobility segment, Wepl has expanded its SHELL brand retail network by opening four new sites and improving three existing stations. The company’s premium fuel, Shell V-Power, has reached its highest quarterly sales volume, with a cutting-edge penetration rate.
