Shell Pakistan Reveals its Financial Results for 2022

Business Pakistan

Shell Pakistan Limited (SPL) announced its financial results for the year ended December 31st, 2022, revealing a loss after tax of PKR 72 million for 2022 compared to a profit of PKR 4,467 million in 2021. Despite this setback, the company remained committed to its business principles, safety of people, and protection of the environment, while also maintaining operational excellence and managing costs. SPL also invested significantly in infrastructure and brand building to maintain its competitive advantage.

During the year, SPL expanded its footprint and commissioned 31 retail stations, 28 Generation-5 Shell Select outlets, and 25 new Shell Car Wash facilities with Tyre Care to enhance the customer experience. The company also played a leading role in changing consumer attitudes and behaviors in refueling safety through its safety campaign “Ehtiyaat Bunay Hifazat,” which aimed to create awareness of the risks associated with staying seated on vehicles during refueling.

In addition to its business operations, SPL demonstrated its commitment to corporate social responsibility by providing humanitarian assistance to flood victims during the floods in Pakistan. Working in collaboration with partners HANDS and NRSP, the company provided relief to 2,771 households with approximately 19,397 individuals, including one-room shelter houses, ration bags, medical support, hygiene, and shelter kits.

Looking ahead, SPL remains focused on driving competitive business plans to deliver top-quartile business performance and play a key role in developing Pakistan’s energy future.

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