Cnergyico’s profits soar 121%

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MG News | February 25, 2026 at 09:46 AM GMT+05:00

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February 25, 2026 (MLN): Cnergyico Pk Limited (PSX: CNERGY), one of Pakistan’s largest oil refinery and marketing companies, has reported a massive surge in its bottom line for the first half of the fiscal year ending December 31, 2025.

The company’s profit after tax soared by 121.3%, reaching Rs2.75 billion, compared to Rs1.24 billion during the same period last year.

The company's net revenue saw a steady climb of nearly 2%, closing at Rs146.28 billion. However, the real driver of success was the significant improvement in Gross Profit, which jumped by 36.2%.

This efficiency trickled down to the operating level, where operating profit grew by over 48%, even as administrative and selling expenses saw moderate inflationary increases.

A major highlight of this financial period was the sharp reduction in Finance Costs, which fell by 31% to Rs1.69 billion.

This decrease likely reflects a combination of better working capital management and a potential easing of interest rate pressures compared to 2024.

Furthermore, the complete absence of "Other Expenses" this year, which stood at Rs257 million previously, further bolstered the company's profitability.

The Earnings Per Share (EPS) doubled from Rs0.23 to Rs0.50. While the company faced a higher tax hit this year (swinging from a tax credit in 2024 to a charge in 2025), the core operational strength was enough to maintain a triple-digit growth rate in net profit.

Financial HeadDec 31, 2025Dec 31, 2024% Change
Revenue from contract with customers188,847,377185,888,4201.59%
Discounts, taxes, levies and duties(42,565,610)(42,397,688)0.40%
Revenue from contract - net146,281,767143,490,7321.94%
Cost of sales(139,157,314)(138,258,237)0.65%
Gross Profit7,124,4535,232,49536.16%
Administrative expenses(987,602)(884,970)11.60%
Selling and distribution expenses(351,106)(321,994)9.04%
Other expenses-(257,286)
Other income61,300173,171-64.60%
Operating Profit5,847,0453,941,41648.35%
Finance costs(1,690,252)(2,453,039)-31.09%
Profit before taxation4,156,7931,488,377179.28%
Minimum taxes(844,616)(790,045)6.91%
Income tax(561,598)544,609
Profit after taxation2,750,5791,242,941121.29%
Earnings Per Share (Rs.)0.500.23117.39%

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