Shell Pak announces financial results for Q3 of FY2023.

KARACHI -- The Board of Directors of Shell Pakistan Limited (SPL) announced nine months results for the company on October 18th, 2023. The company successfully delivered a profit after tax of PKR 6,450 million for the nine months ended September 30, 2023, compared to the profit after tax of PKR 2,864 million made in the same period last year, says a Press release. An interim cash dividend for the quarter and nine months ended September 30, 2023, was announced.

The results also reflect the impact of one-off technical service fee relief received from Shell International Petroleum Company. As always, the company continues to focus on business performance, safety of people, and protection of the environment. OGRA recognized industry efforts in promoting refuelling safety among two and three wheelers, an initiative trailblazed by SPL. During the period, Mobility business introduced 19 new retail sites.

The Company also introduced Voice of Customer program through which customers can provide real time feedback through QR codes placed at sites. So far more than 30,000 responses have been received that gives SPL valuable insights to continuously progress. Furthermore, the company initiated two eco-friendly and sustainable solutions on plastic reusability. By recycling discarded Shell lubricant bottles, SPL constructed a plastic infused road, 730 feet long and 60...