KARACHI: Shell Pakistan Ltd (SPL) on Monday reported a 62.85 per cent decline in its profit-after-tax (PAT) to Rs1.3 billion for the half year ended on June 30 compared to Rs 3.5bn in the same period of 2023.

The board of directors announced that the company’s sales rose slightly to Rs223bn in January-June compared to Rs215bn in the corresponding period last year.SPL maintained its market share through relatively stable macroeconomic conditions during the period.

According to a press release, the mobility business network grew with 10 new stations and 60 non-fuel retail units.

In October 2023, Shell Petroleum Company Ltd entered into a Share Purchase Agreement with Wafi Energy LLC to sell its entire shareholding in SPL, which is currently underway. In April, an........

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