Earnings Report /

Pakistan State Oil: 9MFY21 analyst briefing takeaways

  • PSO attributed investment in storages for strong performance of sales and market share

  • Circular debt: total receivables rose by c.PKR20bn during 9M; SNGP majorly contributed to the build-up

  • We have a Buy rating on PSO with a TP of PKR300/sh

Saad Ali
Saad Ali

Head of Research

Intermarket Securities
7 May 2021


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