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  Financial Highlights
   
  Financial Year 2007
   
 
Recorded profit after tax of Rs 4.7 billion.
Recorded 46.2% market share in Mogas – highest in 10 years.
Increased CNG earning by 74% to Rs 355 million.
Maintained HSD share at 60.4% despite market fragmentation by 11 players.
Developed 150 New Vision retail Outlets (NVROs) bringing the total to 1,609.
“Green Station” concept introduced to give fresh look to New Vision retail outlets
Commissioned 25 new CNG stations, raising their number to 210
Introduced SSGC bills acceptance at PSO outlets
Completed the rehabilitation of Lubricant Manufacturing Terminal
ISO 9000 ACCREDITATION FOR Cards Division and Logistics Department
Acquired 100% Defence Fuel Business for FY-08: PMG 13,000 metric tons, HSD 18,000 metric tons and SKO 35,000 metric tons.
Acquired 2 million liters of Pakistan Railway Lubricant business
Managed uninterrupted POL supplies despite surge in offtake by 21%
Supplied 6 million metric tons of FO; up by 50.4% over last year
Imported and supplied 200,000 metric tons LSFO to KAPCO, for the first time after seven years
Imported about 9.6 million tons of HSD, HSFO, LSFO, JP-1, etc., (delivered through 174 vessels)
Record supplies made to HUBCO in a month i.e., 255,000 metric tons in May 2007 (annual volumes about 1.70 million metric tons)
   
 
   
 
Recorded an all-time high profit before tax of Rs. 11.7 billion.
Posted unprecedented profit after tax of Rs. 7.5 billion, up by around 33% over prior year.
Declared an all-time record cash dividend of 340% (Rs. 34 per share) to its shareholders.
Recorded highest Mogas market share in last ten years, i.e. 45.3%.
With an addition of 209 leased retail outlets, the New Vision network expanded to 1,459 across the country.
Expanded PSO Cards infrastructure to 1,200 Point-of-Sale Terminals in over 170 cities.
Assumed lead role at World Business Council for Sustainable Development as the first company in the Muslim world to have its CEO on WBCSD’s Business Role Focus Area Core Team
Began the year with full implementation of SAP ERP system.
Won NFEH Award 2005, Help International Trust Award 2005 and EFP/ILO Occupational Health & Safety Award 2006.
Received “Management Excellence Award 2005” from Management Association of Pakistan.
Rated as “AAA” (Triple A) company by Pakistan Credit Rating Agency (PACRA).
 
 
   
 
 
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