The company’s sales increased marginally to Rs223 billion in January–June from Rs215 billion during the same period the previous year, according to the board of directors.During the era, SPL was able to sustain its market share despite relatively steady macroeconomic conditions.
A news statement stated that 60 non-fuel retail locations and 10 new stations were added to the mobility business network.
The sale of Shell Petroleum Company Ltd.’s whole stake in SPL is presently in progress after the parties agreed into a Share Purchase Agreement in October 2023 with Wafi Energy LLC. An update to the aforementioned was published on the Pakistan Stock Exchange (PSX) in April, indicating a change in ownership wherein Wafi Energy Holding Ltd took over as the “acquirer” from Wafi Energy LLC.
A public notification of an offer to further acquire up was made on July 27.
