Earnings Report /
Pakistan

Pakistan Oilfields: 4QFY21 review – result is in line with a handsome payout

  • POL’s 4QFY21 earnings have come in line with our estimate, and it announced a handsome final payout

  • Next quarter, earnings could be higher due to PKR depreciation and higher gas prices

  • Reiterate our Buy rating on the scrip with a TP of PKR459/sh

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
11 August 2021