Pakistan
409 Employees
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Third-party revenues
$801,138,568
-
Related-party revenues
$2,447,331
-
Total revenues
$803,585,899
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Profit before tax
$(43,843,634)
-
Tax paid
$1,965,990
-
Tax accrued
$5,940,557
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Tangible assets
$214,290,014
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Stated capital
$16,672,119
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Accumulated earnings
$(23,592,151)
Main Business Activities
- Downstream
- Trading and Supply
Shell has been present in Pakistan since 1947.
Shell Petroleum Company Limited has a 76.11% interest in Shell Pakistan Limited. Shell Pakistan Limited has a wide retail network and sells petroleum products and compressed natural gas. It also blends and markets various kinds of lubricating oils.
Country Financial Analysis
The statutory corporate income tax rate in Pakistan is 29%.
In 2020, losses arose as a result of the declining fuels market, lower oil prices and the fall in value of the rupee against the dollar. Tax paid in 2020 is the payment of a minimum level of tax due under local law.
