Pakistan Oxygen delivers profit over 3-fold in 9MFY25

October 27, 2025 (MLN): Pakistan Oxygen Limited (PSX: PAKOXY) reported a profit after tax of Rs1.51bn for the nine months ended September 30, 2025, surging 3.3 times from Rs457.2m in the corresponding period last year.

Earnings per share increased 3.3 times to Rs17.32 compared to Rs5.25 in 9MFY24.

Gross sales rose 15% year-on-year to Rs10.92bn from Rs9.52bn. Sales tax increased 16% to Rs1.44bn from Rs1.24bn.

Net sales grew 15% to Rs9.47bn from Rs8.27bn, demonstrating solid demand during the period. Cost of sales declined 5% to Rs5.76bn from Rs6.07bn.

Gross profit surged 69% to Rs3.71bn against Rs2.2bn in 9MFY24, with the gross margin improving dramatically to 39.2% from 26.6% in the prior year period, indicating exceptional operational efficiency and cost control.

Distribution and marketing expenses declined 31% to Rs286m, while administrative expenses rose 25% to Rs314m. Other operating expenses increased 2.3 times to Rs217.2m from Rs95.2m last year. Total operating expenses increased 7% to Rs817.2m from Rs762.1m.

Operating profit before other income stood at Rs2.9bn, up 2 times from Rs1.44bn in 9MFY24.

The company reported a gain on sale of non-current assets classified as held for sale of Rs50.4m in 9MFY24, which was absent in the current period. Other income declined 61% to Rs33.2m from Rs85.2m last year.

The company recorded an operating profit of Rs2.93bn, up 86% from Rs1.57bn in 9MFY24.

Finance costs declined 51% to Rs394.8m from Rs810m in the previous year, providing substantial relief to the bottom line.

Profit before levy and taxation stood at Rs2.54bn, up 3.3 times from Rs763.1m in 9MFY24. Minimum tax differential/levy decreased 2 times to Rs55.9m from Rs14m.

Profit before taxation increased 3.3 times to Rs2.48bn from Rs749.1m in 9MFY24.

Taxation increased 3.3 times to Rs971.4m from Rs291.9m in the prior period.

The company concluded 9MFY25 with a net profit of Rs1.51bn, delivering a net profit margin of 15.9% compared to 5.5% in 9MFY24.

The exceptional profit growth was driven by significant gross margin expansion, lower cost of sales, and substantially reduced finance costs, demonstrating strong operational turnaround and cost management excellence.

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