Karachi August 16 2023: Shell Pakistan Limited reported profit of PKR 8.3 billion for the second quarter of 2023 against loss of PKR 4.8 billion in last quarter, according to company filing to the exchange.
Shell share price drop 0.9 percent or PKR 1.22 per share to trade at PKR 131.7 (PST 13:25) on Pakistan Stock Exchange.
In last three quarters sell reported cumulative losses of more than PKR 12 billion on account of exchange losses.
However, Shell Pakistan gross profit decreased to PKR 5.9 in second quarter 2023 when compared with PKR 18.5 billion in the same period last year.