OMC

The OMC sector publishes profit growth by 39 % in 1HFY25 despite the decrease in sales – Trendy Blogger

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The OMC sector publishes profit growth by 39 % in 1HFY25 despite the decrease in sales – Trendy Blogger

The oil marketing companies sector in Pakistan recorded an increase in profits by 39 % on an annual basis during the first half of the fiscal year 2025 (1HFY25), reaching 18.2 billion rupees compared to 13.2 billion rupees in the same period last year. The increase in profitability was largely driven by lower financial costs … Read more

OCAC seeks to urgently intervene the Prime Minister on sales tax exemption and OMC marginalization issues – Trendy Blogger

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OCAC seeks to urgently intervene the Prime Minister on sales tax exemption and OMC marginalization issues – Trendy Blogger

Islamabad: The Consultative Council of Oil Companies (OCAC) urged Prime Minister Shahbaz Sharif to address two decisive issues that affect the oil sector in Pakistan: canceling the exemption from sales tax on petroleum products and delayed review of the margins of oil marketing companies (OMCS). OCAC stressed the urgent necessity to resolve these challenges to … Read more