The Board of Directors of Shell Pakistan Limited announced the financial results for the year ended December 31, 2016. The Company posted an after tax profit of Rs 6,764 million and announced a final divided of Rs 28 per share in addition to the interim dividend of Rs 6.00. Jawwad Cheema, Managing Director Shell Pakistan stated "It has been a remarkable year for Shell Pakistan, both in terms of financial performance and in the value offering to our customers. We delivered a record profit of Rs 6.7 billion - the highest in two decades and a six-fold increase since last year.
This year we also brought the best of our global fuel portfolio offering - Shell V-Power for the Pakistani customer. This was made possible due to the Government's decision to open up the market by deregulating premium fuel, and allowing OMC's to enhance product offering and choices for customers.
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