{"id":439306,"date":"2024-10-25T08:16:54","date_gmt":"2024-10-25T03:16:54","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=439306"},"modified":"2024-10-25T08:16:54","modified_gmt":"2024-10-25T03:16:54","slug":"psos-48th-agm-accelerating-growth-through-innovation-alternative-energy","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/psos-48th-agm-accelerating-growth-through-innovation-alternative-energy\/","title":{"rendered":"PSO\u2019s 48th AGM: accelerating growth through innovation &#038; alternative energy"},"content":{"rendered":"<p> Karachi<br \/>\nPakistan State Oil (PSO), the nation\u2019s leading energy company, successfully convened its 48th Annual General Meeting (AGM) in Karachi, chaired by Chairman, Board of Management, PSO \u2013 Mr. Asif Baigmohamed. Managing Director &#038; CEO, PSO\u2013Syed Taha, other board members, and senior management were also present.<br \/>\nPSO reinforced its market leadership, achieving impressive financial results for FY24. The company posted a gross revenue of PKR 3.8 trillion, with a profit after tax of PKR 15.9 billion, translating to earnings per share of PKR 33.79. A dividend of PKR 10 per share, equivalent to 100% for FY23-24, was declared.<br \/>\nThe management briefed shareholders on vertical expansion initiatives through CERISMA (Private) Limited and PSO Renewable Energy. CERISMA, PSO\u2019s fintech arm, drives nationwide financial inclusion through accessible digital services, expanding its reach to e-commerce and international payments. Meanwhile, PSO Renewable Energy focuses on solar capacity expansion, bolstering profitability, creating new revenue streams, and contributing to Pakistan\u2019s renewable energy growth.<br \/>\nShareholders praised PSO\u2019s consistent performance, strategic focus on innovation through vertical expansion, financial empowerment, and reinforced leadership in Pakistan\u2019s energy landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi Pakistan State Oil (PSO), the nation\u2019s leading energy company, successfully convened its 48th Annual General Meeting (AGM) in Karachi, chaired by Chairman, Board of Management, PSO \u2013 Mr. Asif Baigmohamed. Managing Director &#038; CEO, PSO\u2013Syed Taha, other board members, and senior management were also present. PSO reinforced its market leadership, achieving impressive financial results [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":439327,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-439306","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PSO\u2019s 48th AGM: accelerating growth through innovation &amp; alternative energy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/psos-48th-agm-accelerating-growth-through-innovation-alternative-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PSO\u2019s 48th AGM: accelerating growth through innovation &amp; alternative energy\" \/>\n<meta property=\"og:description\" content=\"Karachi Pakistan State Oil (PSO), the nation\u2019s leading energy company, successfully convened its 48th Annual General Meeting (AGM) in Karachi, chaired by Chairman, Board of Management, PSO \u2013 Mr. Asif Baigmohamed. Managing Director &#038; CEO, PSO\u2013Syed Taha, other board members, and senior management were also present. 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