Pso announces record breaking gross revenue of rs1.4tr

KARACHI: Pakistan State Oil (PSO) convened its 45th Annual General Meeting on October 26, 2021 at its head office in Karachi. PSO Board of Management Chairman Zafar I. Usmani presided over the meeting with PSO CEO & Managing Director Syed Taha, other BOM members and senior company officials. PSO announced a record breaking gross revenue of PKR 1.4 trillion and highest ever profit after tax of Rs29.1 billion for the financial year 2020-21 (FY21) after a loss after tax of Rs6.5 billion in the preceding year. The net profit translated into a healthy earning per share of PKR 62.07 vs. loss per share of Rs13.77 in FY20. Based on the outstanding financial and operational performance, the company declared a final cash dividend of Rs10/- per share. (100%) which is in addition to the interim cash dividend of Rs5/- per share (50%).

LAHORE: Samsung Pakistan has announced the kick-off of ‘Samsung Week’, the largest global brand promotion event, in celebration of the company’s 52nd anniversary and its innovation over the years. The event which takes place from 25th October – 2nd November 2021, entails exceptional offers and discounts dedicated to Samsung’s discerning customers, and is in appreciation of Samsung’s audience globally, who have supported this legacy of innovation. The week-long campaign entails several offers, such as a daily flash sale, customizable offers giving customers a chance to personalize their own products. Other offers during the week will feature Samsung’s best-selling and best-in-class products as well as deals on the latest models of each series, including the latest Galaxy Z Fold3, Galaxy Z Flip3 and Galaxy Watch4. Moreover, audiences can expect special promos and savings when purchasing products that complement each other.